Future Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
WTI HOUSTON (ARGUS) VS. DUBAI CAL MO JUNE 2022 (NYMEX:QWDB.M22)
Sidelines Mode (+55) - QWDB.M22 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QWDB.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QWDB.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QWDB.M22
The long-term trend has been UP since Apr 7th, 2021 at 0.06
The intermediate-term trend has been DOWN since Sep 21st, 2021 at 0.59
The short-term trend has been UP since Sep 30th, 2021 at 0.41
Smart Scan Analysis for QWDB.M22
Based on our trend formula, QWDB.M22 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).