Future Trend Analysis Report
Prepared for you on Thursday, December 3, 2020.
1% FUEL OIL CARGOES CIF NWE Nov 2020 (NYMEX:Q1X.X20)
Bear Market Rally (-75) - Q1X.X20 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on Q1X.X20 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid Q1X.X20?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q1X.X20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q1X.X20
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.X20
Based on our trend formula, Q1X.X20 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).