Future Trend Analysis Report
Prepared for you on Saturday, October 1, 2022.
GC #6 FUEL OIL 3% VS EURO 3.5% FUEL OIL SEPTEMBER 2022 (NYMEX:QGCU.U22)
Strong Downtrend (-100) - QGCU.U22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QGCU.U22 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QGCU.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QGCU.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QGCU.U22
The long-term trend has been DOWN since Apr 7th, 2021 at 0.544
The intermediate-term trend has been DOWN since Jul 19th, 2021 at 0.222
The short-term trend has been DOWN since Jul 26th, 2021 at 0.117
Smart Scan Analysis for QGCU.U22
Based on our trend formula, QGCU.U22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).