Future Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
GC #6 FUEL OIL 3% SULFUR OCTOBER 2021 (NYMEX:MFB.V21)
Strong Uptrend (+100) - MFB.V21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MFB.V21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid MFB.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for MFB.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MFB.V21
The long-term trend has been UP since Nov 25th, 2020 at 41.45
The intermediate-term trend has been UP since Aug 27th, 2021 at 59.75
The short-term trend has been UP since Sep 10th, 2021 at 61.40
Smart Scan Analysis for MFB.V21
Based on our trend formula, MFB.V21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).