Future Trend Analysis Report
Prepared for you on Sunday, October 2, 2022.
EUROPEAN LOW SULPHUR GASOIL 100MT BULLET Sep 2023 (NYMEX:QGLI.U23)
Countertrend Up (+85) - QGLI.U23 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QGLI.U23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QGLI.U23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QGLI.U23
The long-term trend has been UP since Sep 16th, 2021 at 574.25
The intermediate-term trend has been UP since Aug 25th, 2021 at 558.75
The short-term trend has been UP since Sep 27th, 2021 at 582.00
Smart Scan Analysis for QGLI.U23
Based on our trend formula, QGLI.U23 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).