Future Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
GC #6 FUEL OIL 3% VS EURO 3.5% FUEL OIL OCTOBER 2021 (NYMEX:QGCU.V21)
Strong Downtrend (-100) - QGCU.V21 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QGCU.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QGCU.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QGCU.V21
The long-term trend has been DOWN since Mar 31st, 2021 at 0.297
The intermediate-term trend has been DOWN since Aug 31st, 2021 at -0.253
The short-term trend has been DOWN since Aug 20th, 2021 at 0.009
Smart Scan Analysis for QGCU.V21
Based on our trend formula, QGCU.V21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).