Future Trend Analysis Report
Prepared for you on Thursday, August 18, 2022.
MINI EURO DIESEL 10 PPM V LOW SUL GASOIL NOVEMBER 2022 (NYMEX:QMUD.X22)
Bear Market Rally (-75) - QMUD.X22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QMUD.X22 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QMUD.X22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMUD.X22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMUD.X22
The long-term trend has been DOWN since Aug 19th, 2021 at 0.125
The intermediate-term trend has been DOWN since Jul 19th, 2021 at 0.291
The short-term trend has been UP since Sep 23rd, 2021 at 0.333
Smart Scan Analysis for QMUD.X22
Based on our trend formula, QMUD.X22 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).