Future Trend Analysis Report
Prepared for you on Saturday, May 21, 2022.
MIDDLE EAST GASOIL FOB ARAB GULF NOVEMBER 2022 (NYMEX:QMPE.X22)
Bear Market Rally (-75) - QMPE.X22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QMPE.X22 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QMPE.X22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMPE.X22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMPE.X22
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 QMPE.X22
Based on our trend formula, QMPE.X22 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).