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Future Trend Analysis Report

Prepared for you on Monday, August 8, 2022.

3.5% FUEL OIL BARGES FOB RDAM CRCK SPRD MAY 2024 (NYMEX:QFO.K24)

Strong Downtrend (-100) - QFO.K24 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QFO.K24 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QFO.K24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QFO.K24.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QFO.K24
Open High Low QFO.K24 Price Change
-13.42 -13.42 -13.42 -13.42 -0.15
Entry Signal

MarketClub’s Trade Triangles for QFO.K24

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QFO.K24

Based on our trend formula, QFO.K24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QFO.K24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-13.42 -13.42 -13.42 -13.42 -0.15
Prev. Close Volume Bid Ask Time
-13.27 0 2022-08-04 00:00:00
Volatility121.04Expiration2024-05-31
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