Future Trend Analysis Report
Prepared for you on Monday, June 27, 2022.
JET BARGES FOB RDAM VS LOW SUL GASOIL MARCH 2023 (NYMEX:QJR.H23)
Long-Term Downtrend (-90) - QJR.H23 is in a strong downtrend that is likely to continue. While QJR.H23 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QJR.H23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QJR.H23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QJR.H23
The long-term trend has been DOWN since Apr 20th, 2021 at 35.80
The intermediate-term trend has been DOWN since Jul 19th, 2021 at 40.87
The short-term trend has been DOWN since Sep 3rd, 2021 at 36.21
Smart Scan Analysis for QJR.H23
Based on our trend formula, QJR.H23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).