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Future Trend Analysis Report

Prepared for you on Wednesday, June 29, 2022.

EUROPEAN 1% FUEL OIL CARGOES FOB NWE Jun 2022 (NYMEX:QAUF.M22)

Countertrend Up (+85) - QAUF.M22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid QAUF.M22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QAUF.M22.

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

NYMEX_QAUF.M22
Open High Low QAUF.M22 Price Change
649.304 649.304 649.304 649.304 0.000
Entry Signal

MarketClub’s Trade Triangles for QAUF.M22

long term up The long-term trend has been UP since Sep 23rd, 2021 at 442.169

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2021 at 423.061

short term up The short-term trend has been UP since Sep 10th, 2021 at 429.691

Smart Scan Analysis for QAUF.M22

Based on our trend formula, QAUF.M22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for QAUF.M22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
649.304 649.304 649.304 649.304 0.000
Prev. Close Volume Bid Ask Time
649.304 0 2022-06-28 00:00:00
Volatility51.12Expiration2022-06-30
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