Future Trend Analysis Report
Prepared for you on Tuesday, January 25, 2022.
NW EUROPE FUEL OIL HI-LO SULFUR SPREAD JANUARY 2022 (NYMEX:QFS.F22)
Bull Market Weakness (+75) - QFS.F22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QFS.F22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QFS.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QFS.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QFS.F22
The long-term trend has been UP since Sep 9th, 2021 at 66.2
The intermediate-term trend has been UP since Aug 31st, 2021 at 62.0
The short-term trend has been UP since Aug 31st, 2021 at 61.8
Smart Scan Analysis for QFS.F22
Based on our trend formula, QFS.F22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).