Future Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
EAST WEST NAPHTHA JAPAN CARGOES FOB NWE JULY 2024 (NYMEX:QEWN.N24)
Sidelines Mode (-55) - QEWN.N24 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 QEWN.N24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QEWN.N24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QEWN.N24
The long-term trend has been DOWN since Aug 27th, 2021 at 18.5
The intermediate-term trend has been DOWN since Aug 27th, 2021 at 18.5
The short-term trend has been UP since Sep 2nd, 2021 at 18.0
Smart Scan Analysis for QEWN.N24
Based on our trend formula, QEWN.N24 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).