Future Trend Analysis Report
Prepared for you on Tuesday, September 28, 2021.
MINI EUROPEAN NAPHTHA CIF NWE DECEMBER 2022 (NYMEX:QMNC.Z22)
Long-Term Downtrend (-90) - QMNC.Z22 is in a strong downtrend that is likely to continue. While QMNC.Z22 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.Z22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMNC.Z22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMNC.Z22
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.Z22
Based on our trend formula, QMNC.Z22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).