Future Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
MONT BELVIEU ETHYLENE (PCW) FIN Nov 2021 (NYMEX:QMBN.X21)
Weak Downtrend (-65) - QMBN.X21 is showing signs of a strengthening downtrend. Monitor QMBN.X21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QMBN.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMBN.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMBN.X21
The long-term trend has been UP since Jul 1st, 2020 at 0.16625
The intermediate-term trend has been DOWN since Aug 13th, 2021 at 0.32375
The short-term trend has been DOWN since Oct 4th, 2021 at 0.35500
Smart Scan Analysis for QMBN.X21
Based on our trend formula, QMBN.X21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).