Future Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
MINI EUROPEAN NAPHTHA CIF NWE Jan 2022 (NYMEX:QMNC.F22)
Countertrend Up (+85) - QMNC.F22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QMNC.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMNC.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMNC.F22
The long-term trend has been UP since Nov 25th, 2020 at 389.242
The intermediate-term trend has been UP since Aug 30th, 2021 at 618.111
The short-term trend has been UP since Sep 10th, 2021 at 622.977
Smart Scan Analysis for QMNC.F22
Based on our trend formula, QMNC.F22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).