Future Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
MONT BELVIEU NORMAL BUTANE OCTOBER 2021 (NYMEX:QMNB.V21)
Strong Uptrend (+100) - QMNB.V21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QMNB.V21 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 QMNB.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMNB.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMNB.V21
The long-term trend has been UP since Aug 19th, 2020 at 0.48688
The intermediate-term trend has been UP since Aug 31st, 2021 at 1.33500
The short-term trend has been UP since Sep 9th, 2021 at 1.37500
Smart Scan Analysis for QMNB.V21
Based on our trend formula, QMNB.V21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).