Future Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
3.5% FUEL OIL BARGES FOB RDAM CRCK SPRD APRIL 2024 (NYMEX:QFO.J24)
Weak Downtrend (-65) - QFO.J24 is showing signs of a strengthening downtrend. Monitor QFO.J24 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QFO.J24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QFO.J24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QFO.J24
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.J24
Based on our trend formula, QFO.J24 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).