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Future Trend Analysis Report

Prepared for you on Thursday, May 26, 2022.

PGP POLYMER GRADE PROPYLENE SWAPS May 2024 (NYMEX:QPGP.K24)

Long-Term Downtrend (-90) - QPGP.K24 is in a strong downtrend that is likely to continue. While QPGP.K24 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QPGP.K24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QPGP.K24.

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

NYMEX_QPGP.K24
Open High Low QPGP.K24 Price Change
0.51625 0.51625 0.51625 0.51625 0.00000
Entry Signal

MarketClub’s Trade Triangles for QPGP.K24

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 QPGP.K24

Based on our trend formula, QPGP.K24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QPGP.K24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.51625 0.51625 0.51625 0.51625 0.00000
Prev. Close Volume Bid Ask Time
0.51250 0 2022-05-24 00:00:00
Volatility45.03Expiration2024-05-31
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