Future Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
MINI EUROPEAN NAPHTHA CIF NWE JUNE 2022 (NYMEX:QMNC.M22)
Countertrend Up (+85) - QMNC.M22 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.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMNC.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMNC.M22
The long-term trend has been UP since Dec 10th, 2020 at 388.084
The intermediate-term trend has been UP since Aug 30th, 2021 at 581.888
The short-term trend has been UP since Sep 10th, 2021 at 586.162
Smart Scan Analysis for QMNC.M22
Based on our trend formula, QMNC.M22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).