Future Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
MINI DATED BRENT PLATTS FINANCIAL JUNE 2024 (NYMEX:QMDB.M24)
Countertrend Up (+85) - QMDB.M24 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QMDB.M24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMDB.M24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMDB.M24
The long-term trend has been UP since Jan 8th, 2021 at 49.19
The intermediate-term trend has been UP since Sep 7th, 2021 at 61.81
The short-term trend has been UP since Sep 10th, 2021 at 61.82
Smart Scan Analysis for QMDB.M24
Based on our trend formula, QMDB.M24 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).