Future Trend Analysis Report
Prepared for you on Thursday, January 27, 2022.
MINI MIDDLE EAST NAPHTHA FOB ARAB GULF JANUARY 2022 (NYMEX:QMME.F22)
Strong Uptrend (+100) - QMME.F22 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QMME.F22 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid QMME.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMME.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMME.F22
The long-term trend has been UP since Feb 2nd, 2021 at 449.714
The intermediate-term trend has been UP since Aug 30th, 2021 at 610.158
The short-term trend has been UP since Sep 10th, 2021 at 613.777
Smart Scan Analysis for QMME.F22
Based on our trend formula, QMME.F22 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).