Future Trend Analysis Report
Prepared for you on Saturday, October 1, 2022.
1% FUEL OIL CARGOES FOB NWE CRCK SPRD SEPTEMBER 2022 (NYMEX:QFI.U22)
Bear Market Rally (-75) - QFI.U22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QFI.U22 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QFI.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QFI.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QFI.U22
The long-term trend has been DOWN since Jun 10th, 2021 at -0.458
The intermediate-term trend has been DOWN since Jun 10th, 2021 at -0.458
The short-term trend has been DOWN since Jun 4th, 2021 at 0.565
Smart Scan Analysis for QFI.U22
Based on our trend formula, QFI.U22 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).