Future Trend Analysis Report
Prepared for you on Tuesday, May 24, 2022.
ARGUS PROP FAR E VS EURO PROPANE ARGUS Aug 2022 (NYMEX:Q91.Q22)
Sidelines Mode (-55) - Q91.Q22 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid Q91.Q22?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q91.Q22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q91.Q22
The long-term trend has been UP since Nov 24th, 2020 at 41.000
The intermediate-term trend has been DOWN since Aug 26th, 2021 at 55.333
The short-term trend has been UP since Sep 22nd, 2021 at 54.250
Smart Scan Analysis for Q91.Q22
Based on our trend formula, Q91.Q22 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).