Future Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
PP POLYPROPYLENE Jan 2022 (NYMEX:QPPP.F22)
Crossroads (-60) - QPPP.F22 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QPPP.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QPPP.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QPPP.F22
The long-term trend has been UP since Nov 20th, 2020 at 0.53
The intermediate-term trend has been DOWN since Sep 28th, 2021 at 1.22
The short-term trend has been DOWN since Sep 28th, 2021 at 1.22
Smart Scan Analysis for QPPP.F22
Based on our trend formula, QPPP.F22 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).