Future Trend Analysis Report
Prepared for you on Friday, January 21, 2022.
MINI ARGUS PROPANE FAR EAST Jan 2022 (NYMEX:QMAE.F22)
Long-Term Uptrend (+90) - QMAE.F22 is in a strong uptrend that is likely to continue. While QMAE.F22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid QMAE.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMAE.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMAE.F22
The long-term trend has been UP since Jul 8th, 2020 at 352.656
The intermediate-term trend has been UP since Sep 1st, 2021 at 702.821
The short-term trend has been UP since Aug 24th, 2021 at 673.586
Smart Scan Analysis for QMAE.F22
Based on our trend formula, QMAE.F22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).