Future Trend Analysis Report
Prepared for you on Sunday, April 11, 2021.
EAST/WEST FUEL OIL SPREAD Apr 2021 (NYMEX:FEW.J21)
Weak Downtrend (-65) - FEW.J21 is showing signs of a strengthening downtrend. Monitor FEW.J21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid FEW.J21?
MarketClub looks at technical strength and momentum to determine if the timing is right for FEW.J21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FEW.J21
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.J21
Based on our trend formula, FEW.J21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).