Future Trend Analysis Report
Prepared for you on Saturday, May 28, 2022.
WTI MIDLAND (ARGUS) VS. BRENT TRADE MO JULY 2024 (NYMEX:QWMB.N24)
Strong Downtrend (-100) - QWMB.N24 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QWMB.N24 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QWMB.N24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QWMB.N24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QWMB.N24
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QWMB.N24
Based on our trend formula, QWMB.N24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).