Future Trend Analysis Report
Prepared for you on Sunday, August 14, 2022.
1% FUEL OIL CARGOES CIF NWE DECEMBER 2023 (NYMEX:Q1X.Z23)
Weak Downtrend (-65) - Q1X.Z23 is showing signs of a strengthening downtrend. Monitor Q1X.Z23 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid Q1X.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q1X.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q1X.Z23
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.Z23
Based on our trend formula, Q1X.Z23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).