Future Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
3.5% FUEL OIL BARGES FOB RDAM CRCK SPRD APRIL 2023 (NYMEX:QFO.J23)
Bear Market Rally (-75) - QFO.J23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QFO.J23 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QFO.J23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QFO.J23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QFO.J23
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 QFO.J23
Based on our trend formula, QFO.J23 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).