Future Trend Analysis Report
Prepared for you on Tuesday, January 18, 2022.
NY HARBOR ULSD BRENT CRACK SPREAD OCTOBER 2023 (NYMEX:QHOB.V23)
Weak Downtrend (-65) - QHOB.V23 is showing signs of a strengthening downtrend. Monitor QHOB.V23 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QHOB.V23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QHOB.V23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QHOB.V23
The long-term trend has been DOWN since Aug 20th, 2021 at 18.092
The intermediate-term trend has been DOWN since Aug 16th, 2021 at 19.824
The short-term trend has been DOWN since Sep 28th, 2021 at 20.146
Smart Scan Analysis for QHOB.V23
Based on our trend formula, QHOB.V23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).