Future Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
EURO DIESEL 10 PPM VS LOW SULPHUR GASOIL OCTOBER 2021 (NYMEX:QET.V21)
Long-Term Downtrend (-90) - QET.V21 is in a strong downtrend that is likely to continue. While QET.V21 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QET.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QET.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QET.V21
The long-term trend has been DOWN since Oct 4th, 2021 at 0.166
The intermediate-term trend has been DOWN since Sep 15th, 2021 at 0.438
The short-term trend has been DOWN since Sep 15th, 2021 at 0.542
Smart Scan Analysis for QET.V21
Based on our trend formula, QET.V21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).