Future Trend Analysis Report
Prepared for you on Saturday, October 1, 2022.
MINI EUR 1 % FUEL OIL NWE SEPTEMBER 2022 (NYMEX:Q0B.U22)
Countertrend Up (+85) - Q0B.U22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid Q0B.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q0B.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q0B.U22
The long-term trend has been UP since Sep 20th, 2021 at 433.675
The intermediate-term trend has been UP since Aug 30th, 2021 at 416.922
The short-term trend has been UP since Sep 10th, 2021 at 423.891
Smart Scan Analysis for Q0B.U22
Based on our trend formula, Q0B.U22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).