Future Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
METHANOL T2 FOB RDAM (ICIS) Oct 2021 (NYMEX:QMT2.V21)
Long-Term Uptrend (+90) - QMT2.V21 is in a strong uptrend that is likely to continue. While QMT2.V21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid QMT2.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMT2.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMT2.V21
The long-term trend has been UP since Jul 16th, 2021 at 312
The intermediate-term trend has been UP since Oct 4th, 2021 at 378
The short-term trend has been UP since Oct 4th, 2021 at 378
Smart Scan Analysis for QMT2.V21
Based on our trend formula, QMT2.V21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).