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Spread Trend Analysis Report

Prepared for you on Friday, September 21, 2018.

EURO 3.5% FUEL OIL ROTTERDAM CL Oct 2018/Nov 2018 Spread (NYMEX:UV.V18_X18.E)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYMEX_UV.V18_X18.E
Open High Low UV.V18_X18.E Price Change
4.210 4.210 4.210 4.210 +0.126
Entry Signal

MarketClub’s Trade Triangles for UV.V18_X18.E

long term down The long term trend has been DOWN since at

intermediate term down The intermediate term trend has been DOWN since at

short term down The short term trend has been DOWN since at

Smart Scan Analysis for UV.V18_X18.E

Based on a pre-defined weighted trend formula for chart analysis, UV.V18_X18.E scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for UV.V18_X18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.210 4.210 4.210 4.210 +0.126
Prev. Close Volume Bid Ask Time
4.084 0 2018-09-19 17:42:44
Contract High4.482Contract High Date2018-09-14
Contract Low3.77Contract Low Date2018-09-04
Open Time18:00Close Time17:00
Want to analyze EURO 3.5% FUEL OIL ROTTERDAM CL Oct 2018/Nov 2018 Spread UV.V18_X18.E or another symbol? Try our Free Spread Trend Analysis Report.