Future Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
PP POLYPROPYLENE OCTOBER 2021 (NYMEX:QPPP.V21)
Weak Downtrend (-65) - QPPP.V21 is showing signs of a strengthening downtrend. Monitor QPPP.V21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QPPP.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QPPP.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QPPP.V21
The long-term trend has been UP since Jul 17th, 2020 at 0.38
The intermediate-term trend has been DOWN since Sep 23rd, 2021 at 1.22
The short-term trend has been DOWN since Sep 23rd, 2021 at 1.22
Smart Scan Analysis for QPPP.V21
Based on our trend formula, QPPP.V21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).