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Future Trend Analysis Report

Prepared for you on Sunday, January 23, 2022.

MONT BELVIEU BUTANE VS EUROPEAN BUTANE SEPTEMBER 2023 (NYMEX:QTEF.U23)

Weak Downtrend (-65) - QTEF.U23 is showing signs of a strengthening downtrend. Monitor QTEF.U23 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QTEF.U23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QTEF.U23.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QTEF.U23
Open High Low QTEF.U23 Price Change
-116.265 -116.265 -116.265 -116.265 +1.342
Entry Signal

MarketClub’s Trade Triangles for QTEF.U23

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QTEF.U23

Based on our trend formula, QTEF.U23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for QTEF.U23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-116.265 -116.265 -116.265 -116.265 +1.342
Prev. Close Volume Bid Ask Time
-117.607 0 2022-01-20 00:00:00
Volatility365.6Expiration2023-09-29
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