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Future Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
3.5% FUEL OIL CIF MED VS 3.5% FOB MED Jun 2022 (NYMEX:QCMF.M22)
Weak Downtrend (-65) - QCMF.M22 is showing signs of a strengthening downtrend. Monitor QCMF.M22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QCMF.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCMF.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for QCMF.M22
The long-term trend has been DOWN since Jun 7th, 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 27th, 2021 at 7.286
Smart Scan Analysis for QCMF.M22
Based on our trend formula, QCMF.M22 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 19.38 | 19.38 | 19.38 | 19.38 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.38 | 0 | 2022-06-27 00:00:00 |
| Volatility | 44.56 | Expiration | 2022-06-30 |