Future Trend Analysis Report
Prepared for you on Monday, March 27, 2023.
MINI EUROPEAN NAPHTHA CIF NWE MARCH 2023 (NYMEX:QMNC.H23)
Long-Term Downtrend (-90) - QMNC.H23 is in a strong downtrend that is likely to continue. While QMNC.H23 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QMNC.H23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMNC.H23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMNC.H23
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QMNC.H23
Based on our trend formula, QMNC.H23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).