Future Trend Analysis Report
Prepared for you on Monday, November 29, 2021.
EUROPEAN 1% FUEL OIL CARGOES FOB NWE Jun 2024 (NYMEX:QAUF.M24)
Weak Downtrend (-65) - QAUF.M24 is showing signs of a strengthening downtrend. Monitor QAUF.M24 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QAUF.M24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QAUF.M24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QAUF.M24
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.M24
Based on our trend formula, QAUF.M24 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).