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Future Trend Analysis Report

Prepared for you on Saturday, June 19, 2021.

METHANOL T2 FOB RDAM (ICIS) JUNE 2021 (NYMEX:QMT2.M21)

Weak Downtrend (-65) - QMT2.M21 is showing signs of a strengthening downtrend. Monitor QMT2.M21 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QMT2.M21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMT2.M21.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QMT2.M21
Open High Low QMT2.M21 Price Change
312 312 312 312 0
Entry Signal

MarketClub’s Trade Triangles for QMT2.M21

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QMT2.M21

Based on our trend formula, QMT2.M21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for QMT2.M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
312 312 312 312 0
Prev. Close Volume Bid Ask Time
313 0 2021-06-17 00:00:00
Volatility13.99Expiration2021-06-25
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