Future Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
SINGAPORE MOGAS 97 UNLEADED JUNE 2022 (NYMEX:QX0.M22)
Countertrend Up (+85) - QX0.M22 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 QX0.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QX0.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QX0.M22
The long-term trend has been UP since Nov 24th, 2020 at 54.042
The intermediate-term trend has been UP since Aug 30th, 2021 at 76.921
The short-term trend has been UP since Sep 10th, 2021 at 77.769
Smart Scan Analysis for QX0.M22
Based on our trend formula, QX0.M22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).