Future Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
MONT BELVIEU ETHYLENE (PCW) FIN Oct 2021 (NYMEX:QMBN.V21)
Crossroads (-60) - QMBN.V21 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QMBN.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMBN.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMBN.V21
The long-term trend has been UP since Jul 30th, 2021 at 0.41875
The intermediate-term trend has been DOWN since Aug 12th, 2021 at 0.36625
The short-term trend has been DOWN since Oct 5th, 2021 at 0.36500
Smart Scan Analysis for QMBN.V21
Based on our trend formula, QMBN.V21 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).