Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Friday, May 27, 2022.

1% FUEL OIL CARGOES FOB NEW CRK SPRD AUGUST 2024 (NYMEX:QFVB.Q24)

Sidelines Mode (+50) - QFVB.Q24 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until QFVB.Q24 can gain momentum.

Is it time to buy, sell, or avoid QFVB.Q24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QFVB.Q24.

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

NYMEX_QFVB.Q24
Open High Low QFVB.Q24 Price Change
-2.061 -2.061 -2.061 -2.061 0
Entry Signal

MarketClub’s Trade Triangles for QFVB.Q24

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 2.972

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2021 at 3.821

short term up The short-term trend has been UP since Sep 10th, 2021 at 4.125

Smart Scan Analysis for QFVB.Q24

Based on our trend formula, QFVB.Q24 is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for QFVB.Q24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-2.061 -2.061 -2.061 -2.061 0
Prev. Close Volume Bid Ask Time
-2.061 0 2022-05-26 00:00:00
Volatility1492.52Expiration2024-08-30
Get a free daily analysis and signals for 1% FUEL OIL CARGOES FOB NEW CRK SPRD AUGUST 2024 (QFVB.Q24) - Request Your Free Report.