Future Trend Analysis Report
Prepared for you on Saturday, December 4, 2021.
EUROPEAN 1% FUEL OIL CARGOES FOB NWE SEPTEMBER 2023 (NYMEX:QAUF.U23)
Bull Market Weakness (+75) - QAUF.U23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QAUF.U23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QAUF.U23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QAUF.U23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QAUF.U23
The long-term trend has been UP since Oct 5th, 2021 at 409.288
The intermediate-term trend has been UP since Aug 30th, 2021 at 393.937
The short-term trend has been UP since Sep 10th, 2021 at 399.187
Smart Scan Analysis for QAUF.U23
Based on our trend formula, QAUF.U23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).