Future Trend Analysis Report
Prepared for you on Monday, December 6, 2021.
SINGAPORE MOGAS 97 UNLEADED Apr 2023 (NYMEX:QX0.J23)
Bull Market Weakness (+75) - QX0.J23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QX0.J23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QX0.J23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QX0.J23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QX0.J23
The long-term trend has been UP since Nov 25th, 2020 at 57.149
The intermediate-term trend has been UP since Aug 25th, 2021 at 72.586
The short-term trend has been UP since Sep 10th, 2021 at 73.108
Smart Scan Analysis for QX0.J23
Based on our trend formula, QX0.J23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).