Future Trend Analysis Report
Prepared for you on Sunday, August 7, 2022.
1% FUEL OIL CARGOES CIF MED Aug 2023 (NYMEX:Q1W.Q23)
Strong Downtrend (-100) - Q1W.Q23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, Q1W.Q23 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid Q1W.Q23?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q1W.Q23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q1W.Q23
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.Q23
Based on our trend formula, Q1W.Q23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).