Future Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
MINI EURO PROPANE CIF ARA JUNE 2022 (NYMEX:QMPS.M22)
Bull Market Weakness (+75) - QMPS.M22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QMPS.M22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QMPS.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMPS.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMPS.M22
The long-term trend has been UP since Aug 3rd, 2020 at 302.61
The intermediate-term trend has been UP since Sep 1st, 2021 at 518.28
The short-term trend has been UP since Aug 24th, 2021 at 487.16
Smart Scan Analysis for QMPS.M22
Based on our trend formula, QMPS.M22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).