Future Trend Analysis Report
Prepared for you on Thursday, May 26, 2022.
EAST/WEST FUEL OIL SPREAD Jan 2027 (NYMEX:FEW.F27)
Long-Term Downtrend (-90) - FEW.F27 is in a strong downtrend that is likely to continue. While FEW.F27 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 FEW.F27?
MarketClub looks at technical strength and momentum to determine if the timing is right for FEW.F27.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FEW.F27
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 FEW.F27
Based on our trend formula, FEW.F27 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).