Future Trend Analysis Report
Prepared for you on Saturday, October 1, 2022.
USGC MARINE FUEL 0.5% BARGES (PLATTS) SEPTEMBER 2022 (NYMEX:QH5F.U22)
Sidelines Mode (+50) - QH5F.U22 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until QH5F.U22 can gain momentum.
Is it time to buy, sell, or avoid QH5F.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QH5F.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QH5F.U22
The long-term trend has been DOWN since Aug 20th, 2021 at 68.92
The intermediate-term trend has been UP since Aug 30th, 2021 at 75.25
The short-term trend has been UP since Sep 10th, 2021 at 75.62
Smart Scan Analysis for QH5F.U22
Based on our trend formula, QH5F.U22 is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).