Future Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
MONT BELVIEU ETHYLENE (PCW) FIN JANUARY 2022 (NYMEX:QMBN.F22)
Sidelines Mode (+55) - QMBN.F22 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QMBN.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMBN.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMBN.F22
The long-term trend has been UP since Dec 3rd, 2020 at 0.18750
The intermediate-term trend has been UP since Jul 30th, 2021 at 0.35125
The short-term trend has been DOWN since Sep 27th, 2021 at 0.32625
Smart Scan Analysis for QMBN.F22
Based on our trend formula, QMBN.F22 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).