Future Trend Analysis Report
Prepared for you on Tuesday, November 30, 2021.
MINI EUR 1 % FUEL OIL NWE Nov 2021 (NYMEX:Q0B.X21)
Bull Market Weakness (+75) - Q0B.X21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on Q0B.X21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid Q0B.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q0B.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q0B.X21
The long-term trend has been UP since Dec 4th, 2020 at 312.038
The intermediate-term trend has been UP since Aug 30th, 2021 at 439.392
The short-term trend has been UP since Sep 10th, 2021 at 449.625
Smart Scan Analysis for Q0B.X21
Based on our trend formula, Q0B.X21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).