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Future Trend Analysis Report

Prepared for you on Tuesday, November 24, 2020.

MINI MIDDLE EAST NAPHTHA FOB ARAB GULF Nov 2020 (NYMEX:QMME.X20)

Weak Downtrend (-65) - QMME.X20 is showing signs of a strengthening downtrend. Monitor QMME.X20 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QMME.X20?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMME.X20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QMME.X20
Open High Low QMME.X20 Price Change
361.698 361.698 361.698 361.698 0.000
Entry Signal

MarketClub’s Trade Triangles for QMME.X20

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QMME.X20

Based on our trend formula, QMME.X20 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for QMME.X20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
361.698 361.698 361.698 361.698 0.000
Prev. Close Volume Bid Ask Time
361.698 0 2020-11-23 00:00:00
Volatility33.68Expiration2020-11-30
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