Future Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
PGP POLYMER GRADE PROPYLENE SWAPS JANUARY 2022 (NYMEX:QPGP.F22)
Strong Uptrend (+100) - QPGP.F22 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QPGP.F22 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid QPGP.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QPGP.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QPGP.F22
The long-term trend has been UP since Nov 9th, 2020 at 0.3600
The intermediate-term trend has been UP since Sep 16th, 2021 at 0.6825
The short-term trend has been UP since Sep 9th, 2021 at 0.6100
Smart Scan Analysis for QPGP.F22
Based on our trend formula, QPGP.F22 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).