
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.
![]() |
|||||||||||||||
|
MarketClub’s Trade Triangles for QFVB.Z23
The long-term trend has been DOWN since Dec 1st, 2020 at 2.247
The intermediate-term trend has been UP since Sep 24th, 2021 at 0.208
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).

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 |
Volatility | 816.57 | Expiration | 2023-12-29 |