Future Trend Analysis Report
Prepared for you on Wednesday, October 27, 2021.
EURO 3.5% FUEL OIL SPREAD OCTOBER 2021 (NYMEX:QFK.V21)
Countertrend Up (+85) - QFK.V21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QFK.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QFK.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QFK.V21
The long-term trend has been UP since Oct 7th, 2021 at 0.167
The intermediate-term trend has been UP since Oct 7th, 2021 at 0.167
The short-term trend has been UP since Oct 7th, 2021 at 0.167
Smart Scan Analysis for QFK.V21
Based on our trend formula, QFK.V21 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).