Future Trend Analysis Report
Prepared for you on Friday, December 3, 2021.
PP POLYPROPYLENE Jul 2022 (NYMEX:QPPP.N22)
Bull Market Weakness (+75) - QPPP.N22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QPPP.N22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QPPP.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QPPP.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QPPP.N22
The long-term trend has been UP since Nov 20th, 2020 at 0.53
The intermediate-term trend has been UP since May 21st, 2021 at 1.00
The short-term trend has been UP since Jul 14th, 2021 at 1.09
Smart Scan Analysis for QPPP.N22
Based on our trend formula, QPPP.N22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).