Future Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
MINI GASOIL 0.1 CARGOES CIF NWE V GASOIL Aug 2022 (NYMEX:QMGF.Q22)
Long-Term Downtrend (-90) - QMGF.Q22 is in a strong downtrend that is likely to continue. While QMGF.Q22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QMGF.Q22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMGF.Q22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMGF.Q22
The long-term trend has been DOWN since Feb 4th, 2021 at -0.917
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since Nov 13th, 2020 at 0.125
Smart Scan Analysis for QMGF.Q22
Based on our trend formula, QMGF.Q22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).