Future Trend Analysis Report
Prepared for you on Monday, December 6, 2021.
MICRO SINGAPORE FUEL OIL 380CST (PLATTS) NOVEMBER 2021 (NYMEX:QMAF.X21)
Countertrend Up (+85) - QMAF.X21 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.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMAF.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMAF.X21
The long-term trend has been UP since Dec 16th, 2020 at 281.291
The intermediate-term trend has been UP since Aug 27th, 2021 at 393.092
The short-term trend has been UP since Sep 10th, 2021 at 403.975
Smart Scan Analysis for QMAF.X21
Based on our trend formula, QMAF.X21 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).