Future Trend Analysis Report
Prepared for you on Friday, April 16, 2021.
1% FUEL OIL CARGOES CIF MED Apr 2021 (NYMEX:Q1W.J21)
Weak Downtrend (-65) - Q1W.J21 is showing signs of a strengthening downtrend. Monitor Q1W.J21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid Q1W.J21?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q1W.J21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q1W.J21
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for Q1W.J21
Based on our trend formula, Q1W.J21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).