Future Trend Analysis Report
Prepared for you on Saturday, June 12, 2021.
SINGAPORE MOGAS 97 UNLEADED MAY 2021 (NYMEX:QX0.K21)
Long-Term Downtrend (-90) - QX0.K21 is in a strong downtrend that is likely to continue. While QX0.K21 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 QX0.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QX0.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QX0.K21
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 QX0.K21
Based on our trend formula, QX0.K21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).