Future Trend Analysis Report
Prepared for you on Saturday, September 25, 2021.
EURO 1% FUEL OIL CARGOES FOB MED SEPTEMBER 2021 (NYMEX:QEFM.U21)
Weak Downtrend (-65) - QEFM.U21 is showing signs of a strengthening downtrend. Monitor QEFM.U21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QEFM.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QEFM.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QEFM.U21
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.U21
Based on our trend formula, QEFM.U21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).