Future Trend Analysis Report
Prepared for you on Monday, May 16, 2022.
3.5% FUEL OIL BARGES FOB RDAM CRCK (MT) MAY 2022 (NYMEX:QBOO.K22)
Long-Term Downtrend (-90) - QBOO.K22 is in a strong downtrend that is likely to continue. While QBOO.K22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QBOO.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBOO.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QBOO.K22
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 QBOO.K22
Based on our trend formula, QBOO.K22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).