Future Trend Analysis Report
Prepared for you on Tuesday, May 24, 2022.
LLDPE LINEAR LD POLYETHYLENE CAL Aug 2022 (NYMEX:QLPE.Q22)
Bear Market Rally (-75) - QLPE.Q22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QLPE.Q22 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QLPE.Q22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QLPE.Q22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QLPE.Q22
The long-term trend has been DOWN since Aug 4th, 2021 at 0.7
The intermediate-term trend has been UP since Aug 10th, 2021 at 0.7
The short-term trend has been DOWN since Sep 10th, 2021 at 0.7
Smart Scan Analysis for QLPE.Q22
Based on our trend formula, QLPE.Q22 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).