Future Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
WTI MIDLAND TRADE MONTH JULY 2022 (NYMEX:QWTI.N22)
Countertrend Up (+85) - QWTI.N22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QWTI.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QWTI.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QWTI.N22
The long-term trend has been UP since Dec 16th, 2020 at 46.56
The intermediate-term trend has been UP since Aug 27th, 2021 at 65.26
The short-term trend has been UP since Sep 10th, 2021 at 66.12
Smart Scan Analysis for QWTI.N22
Based on our trend formula, QWTI.N22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).