Future Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
JET AVIATION FUEL FOB MED V. ICE GASOIL OCTOBER 2021 (NYMEX:Q1V.V21)
Sidelines Mode (+55) - Q1V.V21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid Q1V.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q1V.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q1V.V21
The long-term trend has been DOWN since Feb 22nd, 2021 at 7.202
The intermediate-term trend has been UP since Sep 22nd, 2021 at 9.167
The short-term trend has been DOWN since Oct 4th, 2021 at 12.000
Smart Scan Analysis for Q1V.V21
Based on our trend formula, Q1V.V21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).