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Future Trend Analysis Report

Prepared for you on Thursday, May 26, 2022.

1% FUEL OIL CARGOES FOB NEW CRK SPRD Dec 2023 (NYMEX:QFVB.Z23)

Sidelines Mode (+50) - QFVB.Z23 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until QFVB.Z23 can gain momentum.

Is it time to buy, sell, or avoid QFVB.Z23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QFVB.Z23.

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

NYMEX_QFVB.Z23
Open High Low QFVB.Z23 Price Change
-1.537 -1.537 -1.537 -1.537 +1.457
Entry Signal

MarketClub’s Trade Triangles for QFVB.Z23

long term down The long-term trend has been DOWN since Dec 1st, 2020 at 2.247

intermediate term up The intermediate-term trend has been UP since Sep 24th, 2021 at 0.208

short term up The short-term trend has been UP since Sep 24th, 2021 at 0.208

Smart Scan Analysis for QFVB.Z23

Based on our trend formula, QFVB.Z23 is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for QFVB.Z23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-1.537 -1.537 -1.537 -1.537 +1.457
Prev. Close Volume Bid Ask Time
-2.994 0 2022-05-23 00:00:00
Volatility816.57Expiration2023-12-29
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