Future Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
SINGAPORE GASOIL VS MARINE FUEL 0.5% OCTOBER 2021 (NYMEX:QGMS.V21)
Long-Term Uptrend (+90) - QGMS.V21 is in a strong uptrend that is likely to continue. While QGMS.V21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid QGMS.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QGMS.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QGMS.V21
The long-term trend has been UP since Mar 15th, 2021 at 44.868
The intermediate-term trend has been UP since Jul 26th, 2021 at 66.744
The short-term trend has been UP since Sep 10th, 2021 at 67.079
Smart Scan Analysis for QGMS.V21
Based on our trend formula, QGMS.V21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).