Future Trend Analysis Report
Prepared for you on Wednesday, September 28, 2022.
EURO 3.5% FUEL OIL SPREAD SEPTEMBER 2022 (NYMEX:QFK.U22)
Long-Term Downtrend (-90) - QFK.U22 is in a strong downtrend that is likely to continue. While QFK.U22 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 QFK.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QFK.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QFK.U22
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 QFK.U22
Based on our trend formula, QFK.U22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).