Future Trend Analysis Report
Prepared for you on Monday, November 29, 2021.
MICRO SINGAPORE FUEL OIL 380CST (PLATTS) Jul 2022 (NYMEX:QMAF.N22)
Strong Uptrend (+100) - QMAF.N22 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QMAF.N22 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid QMAF.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMAF.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMAF.N22
The long-term trend has been UP since Jan 5th, 2021 at 278.125
The intermediate-term trend has been UP since Aug 27th, 2021 at 373.391
The short-term trend has been UP since Sep 10th, 2021 at 378.065
Smart Scan Analysis for QMAF.N22
Based on our trend formula, QMAF.N22 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).