Future Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
EURO 1% FUEL OIL CARGOES FOB MED FEBRUARY 2021 (NYMEX:QEFM.G21)
Bear Market Rally (-75) - QEFM.G21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QEFM.G21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QEFM.G21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QEFM.G21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QEFM.G21
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 QEFM.G21
Based on our trend formula, QEFM.G21 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).