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Future Trend Analysis Report

Prepared for you on Wednesday, June 29, 2022.

URALS MEDITERRANEAN VS BRENT CFD Jun 2022 (NYMEX:QUMD.M22)

Long-Term Downtrend (-90) - QUMD.M22 is in a strong downtrend that is likely to continue. While QUMD.M22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QUMD.M22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QUMD.M22.

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

NYMEX_QUMD.M22
Open High Low QUMD.M22 Price Change
-34.79 -34.79 -34.79 -34.79 0
Entry Signal

MarketClub’s Trade Triangles for QUMD.M22

long term down The long-term trend has been DOWN since Jul 1st, 2020 at 0.620

intermediate term down The intermediate-term trend has been DOWN since Jul 1st, 2020 at 0.620

short term down The short-term trend has been DOWN since Jul 1st, 2020 at 0.726

Smart Scan Analysis for QUMD.M22

Based on our trend formula, QUMD.M22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QUMD.M22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-34.79 -34.79 -34.79 -34.79 0
Prev. Close Volume Bid Ask Time
-34.79 0 2022-06-27 00:00:00
Volatility216.09Expiration2022-06-30
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