Future Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
3.5% FUEL OIL CIF MED VS 3.5% FOB MED MARCH 2023 (NYMEX:QCMF.H23)
Weak Downtrend (-65) - QCMF.H23 is showing signs of a strengthening downtrend. Monitor QCMF.H23 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QCMF.H23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCMF.H23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCMF.H23
The long-term trend has been DOWN since Jun 4th, 2021 at 6.893
The intermediate-term trend has been UP since Sep 14th, 2021 at 7.286
The short-term trend has been DOWN since Sep 24th, 2021 at 7.286
Smart Scan Analysis for QCMF.H23
Based on our trend formula, QCMF.H23 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).