Future Trend Analysis Report
Prepared for you on Friday, December 3, 2021.
SINGAPORE GASOIL VS MARINE FUEL 0.5% APRIL 2024 (NYMEX:QGMS.J24)
Countertrend Up (+85) - QGMS.J24 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 QGMS.J24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QGMS.J24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QGMS.J24
The long-term trend has been UP since Feb 4th, 2021 at 44.527
The intermediate-term trend has been UP since Aug 25th, 2021 at 74.887
The short-term trend has been UP since Sep 20th, 2021 at 73.006
Smart Scan Analysis for QGMS.J24
Based on our trend formula, QGMS.J24 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).