Future Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
MINI ULSD10PPM CARGOES CIF V GASOIL Oct 2021 (NYMEX:QMGN.V21)
Weak Downtrend (-65) - QMGN.V21 is showing signs of a strengthening downtrend. Monitor QMGN.V21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QMGN.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMGN.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMGN.V21
The long-term trend has been DOWN since Sep 8th, 2021 at 4.250
The intermediate-term trend has been DOWN since Sep 8th, 2021 at 4.438
The short-term trend has been UP since Oct 4th, 2021 at 3.084
Smart Scan Analysis for QMGN.V21
Based on our trend formula, QMGN.V21 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).