Future Trend Analysis Report
Prepared for you on Wednesday, September 28, 2022.
NW EUROPE FUEL OIL HI-LO SULFUR SPREAD Sep 2022 (NYMEX:QFS.U22)
Countertrend Up (+85) - QFS.U22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QFS.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QFS.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QFS.U22
The long-term trend has been UP since Sep 16th, 2021 at 66.646
The intermediate-term trend has been UP since Aug 31st, 2021 at 62.438
The short-term trend has been UP since Aug 31st, 2021 at 61.638
Smart Scan Analysis for QFS.U22
Based on our trend formula, QFS.U22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).