Future Trend Analysis Report
Prepared for you on Monday, November 30, 2020.
NEW YORK 3.0% FUEL OIL (PLATTS) NOVEMBER 2020 (NYMEX:QH1.X20)
Weak Downtrend (-65) - QH1.X20 is showing signs of a strengthening downtrend. Monitor QH1.X20 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QH1.X20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QH1.X20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QH1.X20
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QH1.X20
Based on our trend formula, QH1.X20 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).