Future Trend Analysis Report
Prepared for you on Monday, December 6, 2021.
EUROPEAN 1% FUEL OIL CARGOES FOB NWE APRIL 2023 (NYMEX:QAUF.J23)
Strong Downtrend (-100) - QAUF.J23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QAUF.J23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QAUF.J23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QAUF.J23
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 QAUF.J23
Based on our trend formula, QAUF.J23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).