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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.

NYMEX_QCMF.M22
Open High Low QCMF.M22 Price Change
19.38 19.38 19.38 19.38 0.00
Entry Signal

MarketClub’s Trade Triangles for QCMF.M22

long term down The long-term trend has been DOWN since Jun 7th, 2021 at 6.893

intermediate term up The intermediate-term trend has been UP since Sep 14th, 2021 at 7.286

short term down 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).

-65
Smart Scan Analysis for QCMF.M22
Strong Downtrend Sideways 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
Volatility44.56Expiration2022-06-30
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