Future Trend Analysis Report
Prepared for you on Friday, February 28, 2020.
EAST/WEST FUEL OIL SPREAD FEBRUARY 2020 (CLRP:QEW.G20)
Long-Term Downtrend (-90) - QEW.G20 is in a strong downtrend that is likely to continue. While QEW.G20 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QEW.G20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QEW.G20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QEW.G20
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QEW.G20
Based on our trend formula, QEW.G20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).