Future Trend Analysis Report
Prepared for you on Friday, July 1, 2022.
EURO PROPANE CIF ARA JUNE 2022 (NYMEX:QPS.M22)
Countertrend Up (+85) - QPS.M22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QPS.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QPS.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QPS.M22
The long-term trend has been UP since Jul 28th, 2020 at 298.23
The intermediate-term trend has been UP since Sep 1st, 2021 at 518.28
The short-term trend has been UP since Aug 24th, 2021 at 487.16
Smart Scan Analysis for QPS.M22
Based on our trend formula, QPS.M22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).