Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Friday, May 27, 2022.

GC #6 FUEL OIL 3% VS EURO 3.5% FUEL OIL MAY 2022 (NYMEX:QGCU.K22)

Long-Term Downtrend (-90) - QGCU.K22 is in a strong downtrend that is likely to continue. While QGCU.K22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QGCU.K22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QGCU.K22.

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

NYMEX_QGCU.K22
Open High Low QGCU.K22 Price Change
-1.201 -1.201 -1.201 -1.201 0
Entry Signal

MarketClub’s Trade Triangles for QGCU.K22

long term down The long-term trend has been DOWN since Apr 19th, 2021 at 0.505

intermediate term down The intermediate-term trend has been DOWN since Jul 19th, 2021 at 0.092

short term down The short-term trend has been DOWN since Jul 2nd, 2021 at 0.161

Smart Scan Analysis for QGCU.K22

Based on our trend formula, QGCU.K22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QGCU.K22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-1.201 -1.201 -1.201 -1.201 0
Prev. Close Volume Bid Ask Time
-1.201 0 2022-05-26 00:00:00
Volatility1154.46Expiration2022-05-31
Get a free daily analysis and signals for GC #6 FUEL OIL 3% VS EURO 3.5% FUEL OIL MAY 2022 (QGCU.K22) - Request Your Free Report.