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Future Trend Analysis Report

Prepared for you on Thursday, November 30, 2023.

MINI EUR 1 % FUEL OIL NWE Nov 2023 (NYMEX:Q0B.X23)

Long-Term Downtrend (-90) - Q0B.X23 is in a strong downtrend that is likely to continue. While Q0B.X23 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid Q0B.X23?

MarketClub looks at technical strength and momentum to determine if the timing is right for Q0B.X23.

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NYMEX_Q0B.X23
Open High Low Q0B.X23 Price Change
474.739 474.739 474.739 474.739 0.000
Entry Signal

MarketClub’s Trade Triangles for Q0B.X23

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for Q0B.X23

Based on our trend formula, Q0B.X23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for Q0B.X23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
474.739 474.739 474.739 474.739 0.000
Prev. Close Volume Bid Ask Time
476.070 0 2023-11-28 00:00:00
Volatility27.21Expiration2023-11-30
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