Future Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
URALS MEDITERRANEAN VS BRENT CFD OCTOBER 2021 (NYMEX:QUMD.V21)
Weak Downtrend (-65) - QUMD.V21 is showing signs of a strengthening downtrend. Monitor QUMD.V21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QUMD.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QUMD.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QUMD.V21
The long-term trend has been DOWN since Jul 1st, 2020 at 1.626
The intermediate-term trend has been DOWN since Jul 1st, 2020 at 1.626
The short-term trend has been DOWN since Jul 1st, 2020 at 1.732
Smart Scan Analysis for QUMD.V21
Based on our trend formula, QUMD.V21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).