Free Daily Analysis

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.

NYMEX_QMNC.F22
Open High Low QMNC.F22 Price Change
756.236 756.236 756.236 756.236 0.000
Entry Signal

MarketClub’s Trade Triangles for QMNC.F22

long term up The long-term trend has been UP since Nov 25th, 2020 at 389.242

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2021 at 618.111

short term up 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).

+80
Smart Scan Analysis for QMNC.F22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
756.236 756.236 756.236 756.236 0.000
Prev. Close Volume Bid Ask Time
763.454 0 2022-01-14 00:00:00
Volatility32.78Expiration2022-01-31
Get a free daily analysis and signals for MINI EUROPEAN NAPHTHA CIF NWE Jan 2022 (QMNC.F22) - Request Your Free Report.