Future Trend Analysis Report
Prepared for you on Friday, January 21, 2022.
1% FUEL OIL CARGOES CIF NWE JANUARY 2022 (NYMEX:Q1X.F22)
Weak Downtrend (-65) - Q1X.F22 is showing signs of a strengthening downtrend. Monitor Q1X.F22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid Q1X.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q1X.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q1X.F22
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 Q1X.F22
Based on our trend formula, Q1X.F22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).