Future Trend Analysis Report
Prepared for you on Monday, November 29, 2021.
3.5% FUEL OIL CIF MED VS 3.5% FOB MED NOVEMBER 2021 (NYMEX:QCMF.X21)
Sidelines Mode (+55) - QCMF.X21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QCMF.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCMF.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCMF.X21
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 7.290
Smart Scan Analysis for QCMF.X21
Based on our trend formula, QCMF.X21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).