Future Trend Analysis Report
Prepared for you on Friday, December 3, 2021.
SINGAPORE GASOIL VS MARINE FUEL 0.5% JUNE 2023 (NYMEX:QGMS.M23)
Sidelines Mode (+55) - QGMS.M23 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QGMS.M23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QGMS.M23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QGMS.M23
The long-term trend has been UP since Apr 26th, 2021 at 62.329
The intermediate-term trend has been UP since Aug 25th, 2021 at 73.405
The short-term trend has been DOWN since Sep 8th, 2021 at 76.007
Smart Scan Analysis for QGMS.M23
Based on our trend formula, QGMS.M23 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).