Future Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
SINGAPORE MOGAS 97 UNLEADED JULY 2023 (NYMEX:QX0.N23)
Countertrend Up (+85) - QX0.N23 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.N23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QX0.N23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QX0.N23
The long-term trend has been UP since Nov 24th, 2020 at 56.657
The intermediate-term trend has been UP since Aug 24th, 2021 at 71.391
The short-term trend has been UP since Sep 27th, 2021 at 74.214
Smart Scan Analysis for QX0.N23
Based on our trend formula, QX0.N23 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).