Future Trend Analysis Report
Prepared for you on Monday, January 24, 2022.
MARS (ARGUS) V WTI Jan 2022 (NYMEX:QYX.F22)
Weak Downtrend (-65) - QYX.F22 is showing signs of a strengthening downtrend. Monitor QYX.F22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QYX.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QYX.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QYX.F22
The long-term trend has been DOWN since Feb 23rd, 2021 at 0.18
The intermediate-term trend has been DOWN since May 11th, 2021 at 0.09
The short-term trend has been DOWN since Jun 3rd, 2021 at 0.15
Smart Scan Analysis for QYX.F22
Based on our trend formula, QYX.F22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).