Future Trend Analysis Report
Prepared for you on Sunday, July 3, 2022.
3.5% FUEL OIL CIF MED VS 3.5% FOB MED APRIL 2024 (NYMEX:QCMF.J24)
Long-Term Downtrend (-90) - QCMF.J24 is in a strong downtrend that is likely to continue. While QCMF.J24 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 QCMF.J24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCMF.J24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCMF.J24
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 QCMF.J24
Based on our trend formula, QCMF.J24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).