Future Trend Analysis Report
Prepared for you on Sunday, January 23, 2022.
MICRO SINGAPORE FUEL OIL 380CST (PLATTS) APRIL 2023 (NYMEX:QMAF.J23)
Countertrend Up (+85) - QMAF.J23 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QMAF.J23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMAF.J23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMAF.J23
The long-term trend has been UP since Jan 5th, 2021 at 281.409
The intermediate-term trend has been UP since Aug 27th, 2021 at 360.200
The short-term trend has been UP since Sep 10th, 2021 at 362.500
Smart Scan Analysis for QMAF.J23
Based on our trend formula, QMAF.J23 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).