Future Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
LNG FREIGHT ROUTE BLNG1G (BALTIC) MAY 2022 (NYMEX:QBL1.K22)
Sidelines Mode (+55) - QBL1.K22 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 QBL1.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBL1.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QBL1.K22
The long-term trend has been UP since Apr 26th, 2021 at 31000
The intermediate-term trend has been UP since Sep 3rd, 2021 at 44750
The short-term trend has been DOWN since Sep 9th, 2021 at 46000
Smart Scan Analysis for QBL1.K22
Based on our trend formula, QBL1.K22 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).