Future Trend Analysis Report
Prepared for you on Wednesday, August 4, 2021.
1% FUEL OIL CARGOES CIF MED Jul 2021 (NYMEX:Q1W.N21)
Weak Downtrend (-65) - Q1W.N21 is showing signs of a strengthening downtrend. Monitor Q1W.N21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid Q1W.N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q1W.N21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q1W.N21
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.N21
Based on our trend formula, Q1W.N21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).