Future Trend Analysis Report
Prepared for you on Wednesday, January 26, 2022.
WTI MIDLAND VS WTI TRADE MONTH Jul 2022 (NYMEX:QWTT.N22)
Long-Term Downtrend (-90) - QWTT.N22 is in a strong downtrend that is likely to continue. While QWTT.N22 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 QWTT.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QWTT.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QWTT.N22
The long-term trend has been DOWN since May 6th, 2021 at 0.73
The intermediate-term trend has been DOWN since Sep 15th, 2021 at 0.23
The short-term trend has been DOWN since Aug 30th, 2021 at 0.30
Smart Scan Analysis for QWTT.N22
Based on our trend formula, QWTT.N22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).