Future Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
ETHANOL (PLATTS) T2 FOB RDAM INCL DUTY Oct 2021 (NYMEX:QZ1.V21)
Strong Uptrend (+100) - QZ1.V21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QZ1.V21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid QZ1.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QZ1.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QZ1.V21
The long-term trend has been UP since Feb 22nd, 2021 at 575
The intermediate-term trend has been UP since Aug 10th, 2021 at 657
The short-term trend has been UP since Oct 4th, 2021 at 777
Smart Scan Analysis for QZ1.V21
Based on our trend formula, QZ1.V21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).