Future Trend Analysis Report
Prepared for you on Sunday, January 23, 2022.
MINI ULSD10PPM CARGOES CIF V GASOIL Jan 2022 (NYMEX:QMGN.F22)
Weak Downtrend (-65) - QMGN.F22 is showing signs of a strengthening downtrend. Monitor QMGN.F22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QMGN.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMGN.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMGN.F22
The long-term trend has been DOWN since Jan 11th, 2021 at 5.250
The intermediate-term trend has been DOWN since Aug 10th, 2021 at 4.500
The short-term trend has been DOWN since Sep 1st, 2021 at 4.459
Smart Scan Analysis for QMGN.F22
Based on our trend formula, QMGN.F22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).