Future Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
MINI JET KERO BARGES FOB RDAM V GASOIL OCTOBER 2021 (NYMEX:QMJB.V21)
Sidelines Mode (+55) - QMJB.V21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QMJB.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMJB.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMJB.V21
The long-term trend has been DOWN since Jun 7th, 2021 at 24.40
The intermediate-term trend has been UP since Sep 22nd, 2021 at 21.38
The short-term trend has been DOWN since Oct 1st, 2021 at 25.96
Smart Scan Analysis for QMJB.V21
Based on our trend formula, QMJB.V21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).