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Future Trend Analysis Report

Prepared for you on Sunday, November 28, 2021.

EUROPEAN 1% FUEL OIL CARGOES FOB NWE NOVEMBER 2021 (NYMEX:QAUF.X21)

Countertrend Up (+85) - QAUF.X21 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.X21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QAUF.X21.

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

NYMEX_QAUF.X21
Open High Low QAUF.X21 Price Change
507.318 507.318 507.318 507.318 0.000
Entry Signal

MarketClub’s Trade Triangles for QAUF.X21

long term up The long-term trend has been UP since Nov 23rd, 2020 at 294.350

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2021 at 439.392

short term up The short-term trend has been UP since Sep 10th, 2021 at 449.625

Smart Scan Analysis for QAUF.X21

Based on our trend formula, QAUF.X21 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for QAUF.X21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
507.318 507.318 507.318 507.318 0.000
Prev. Close Volume Bid Ask Time
507.959 0 2021-11-24 00:00:00
Volatility23.63Expiration2021-11-30
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