Future Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
MARS (ARGUS) V WTI TRADE MONTH Feb 2022 (NYMEX:QYV.G22)
Long-Term Downtrend (-90) - QYV.G22 is in a strong downtrend that is likely to continue. While QYV.G22 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 QYV.G22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QYV.G22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QYV.G22
The long-term trend has been DOWN since Feb 22nd, 2021 at 0.18
The intermediate-term trend has been DOWN since May 11th, 2021 at 0.03
The short-term trend has been DOWN since May 20th, 2021 at 0.20
Smart Scan Analysis for QYV.G22
Based on our trend formula, QYV.G22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).