Future Trend Analysis Report
Prepared for you on Monday, August 8, 2022.
MICRO SINGAPORE FUEL OIL 380CST (PLATTS) Aug 2022 (NYMEX:QMAF.Q22)
Bull Market Weakness (+75) - QMAF.Q22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QMAF.Q22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QMAF.Q22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMAF.Q22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMAF.Q22
The long-term trend has been UP since Jan 5th, 2021 at 277.450
The intermediate-term trend has been UP since Aug 27th, 2021 at 371.652
The short-term trend has been UP since Sep 10th, 2021 at 376.295
Smart Scan Analysis for QMAF.Q22
Based on our trend formula, QMAF.Q22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).