Future Trend Analysis Report
Prepared for you on Saturday, July 31, 2021.
EAST/WEST FUEL OIL SPREAD JULY 2021 (NYMEX:FEW.N21)
Bear Market Rally (-75) - FEW.N21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on FEW.N21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid FEW.N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for FEW.N21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FEW.N21
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.N21
Based on our trend formula, FEW.N21 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).