Future Trend Analysis Report
Prepared for you on Monday, December 6, 2021.
EUROPEAN 1% FUEL OIL CARGOES FOB NWE Mar 2022 (NYMEX:QAUF.H22)
Bull Market Weakness (+75) - QAUF.H22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QAUF.H22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QAUF.H22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QAUF.H22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QAUF.H22
The long-term trend has been UP since Sep 27th, 2021 at 449.568
The intermediate-term trend has been UP since Aug 30th, 2021 at 427.817
The short-term trend has been UP since Sep 10th, 2021 at 435.020
Smart Scan Analysis for QAUF.H22
Based on our trend formula, QAUF.H22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).