Future Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
1% FUEL OIL CARGOES FOB NWE CRCK SPRD Jan 2022 (NYMEX:QFI.F22)
Crossroads (-60) - QFI.F22 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QFI.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QFI.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QFI.F22
The long-term trend has been UP since Sep 30th, 2021 at 0.362
The intermediate-term trend has been DOWN since Mar 23rd, 2021 at 0.774
The short-term trend has been DOWN since Jun 7th, 2021 at 0.250
Smart Scan Analysis for QFI.F22
Based on our trend formula, QFI.F22 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).