Future Trend Analysis Report
Prepared for you on Friday, January 21, 2022.
1% FUEL OIL CARGOES CIF MED Jan 2022 (NYMEX:Q1W.F22)
Strong Uptrend (+100) - Q1W.F22 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, Q1W.F22 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid Q1W.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q1W.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q1W.F22
The long-term trend has been UP since Sep 24th, 2021 at 475.718
The intermediate-term trend has been UP since Aug 30th, 2021 at 453.730
The short-term trend has been UP since Sep 10th, 2021 at 462.453
Smart Scan Analysis for Q1W.F22
Based on our trend formula, Q1W.F22 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).