Future Trend Analysis Report
Prepared for you on Saturday, October 1, 2022.
3.5% FUEL OIL BARGES FOB RDAM CRCK SPRD SEPTEMBER 2022 (NYMEX:QFO.U22)
Strong Downtrend (-100) - QFO.U22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QFO.U22 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QFO.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QFO.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QFO.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 QFO.U22
Based on our trend formula, QFO.U22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).