Future Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
PGP POLYMER GRADE PROPYLENE SWAPS OCTOBER 2021 (NYMEX:QPGP.V21)
Bull Market Weakness (+75) - QPGP.V21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QPGP.V21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QPGP.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QPGP.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QPGP.V21
The long-term trend has been UP since Jun 1st, 2021 at 0.575
The intermediate-term trend has been UP since Sep 28th, 2021 at 0.780
The short-term trend has been UP since Sep 10th, 2021 at 0.730
Smart Scan Analysis for QPGP.V21
Based on our trend formula, QPGP.V21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).