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Future Trend Analysis Report

Prepared for you on Thursday, June 8, 2023.

EUROPEAN 1% FUEL OIL CARGOES FOB NWE MAY 2023 (NYMEX:QAUF.K23)

Bear Market Rally (-75) - QAUF.K23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QAUF.K23 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid QAUF.K23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QAUF.K23.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QAUF.K23
Open High Low QAUF.K23 Price Change
431.5 431.5 431.5 431.5 0.0
Entry Signal

MarketClub’s Trade Triangles for QAUF.K23

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QAUF.K23

Based on our trend formula, QAUF.K23 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for QAUF.K23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
431.5 431.5 431.5 431.5 0.0
Prev. Close Volume Bid Ask Time
431.5 0 2023-06-02 00:00:00
Volatility33.66Expiration2023-05-31
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