Future Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
1% FUEL OIL CARGOES FOB NWE CRCK SPRD Oct 2021 (NYMEX:QFI.V21)
Weak Uptrend (+65) - QFI.V21 is showing signs of weakening momentum to the upside. Monitor QFI.V21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QFI.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QFI.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QFI.V21
The long-term trend has been UP since Sep 23rd, 2021 at 0.326
The intermediate-term trend has been UP since Sep 23rd, 2021 at 0.326
The short-term trend has been DOWN since Sep 30th, 2021 at 0.618
Smart Scan Analysis for QFI.V21
Based on our trend formula, QFI.V21 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).