Future Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
1% FUEL OIL CARGOES FOB NEW CRK SPRD OCTOBER 2021 (NYMEX:QFVB.V21)
Weak Uptrend (+65) - QFVB.V21 is showing signs of weakening momentum to the upside. Monitor QFVB.V21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QFVB.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QFVB.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QFVB.V21
The long-term trend has been UP since Sep 28th, 2021 at 0.326
The intermediate-term trend has been UP since Sep 28th, 2021 at 0.326
The short-term trend has been DOWN since Oct 4th, 2021 at 0.168
Smart Scan Analysis for QFVB.V21
Based on our trend formula, QFVB.V21 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).