Future Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
MINI EUR 1 % FUEL OIL NWE MAY 2023 (NYMEX:Q0B.K23)
Bull Market Weakness (+75) - Q0B.K23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on Q0B.K23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid Q0B.K23?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q0B.K23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q0B.K23
The long-term trend has been UP since Sep 24th, 2021 at 416.425
The intermediate-term trend has been UP since Aug 30th, 2021 at 400.513
The short-term trend has been UP since Sep 10th, 2021 at 406.538
Smart Scan Analysis for Q0B.K23
Based on our trend formula, Q0B.K23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).