Future Trend Analysis Report
Prepared for you on Monday, December 6, 2021.
METHANOL T2 FOB RDAM (ICIS) Nov 2021 (NYMEX:QMT2.X21)
Bull Market Weakness (+75) - QMT2.X21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QMT2.X21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QMT2.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMT2.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMT2.X21
The long-term trend has been UP since Jul 12th, 2021 at 311
The intermediate-term trend has been UP since Oct 1st, 2021 at 375
The short-term trend has been UP since Oct 1st, 2021 at 372
Smart Scan Analysis for QMT2.X21
Based on our trend formula, QMT2.X21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).