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Future Trend Analysis Report

Prepared for you on Friday, November 27, 2020.

MICRO EUROPEAN 3.5% FUEL OIL BARGES RDAM Jul 2023 (NYMEX:QMEF.N23)

Weak Downtrend (-65) - QMEF.N23 is showing signs of a strengthening downtrend. Monitor QMEF.N23 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QMEF.N23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMEF.N23.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QMEF.N23
Open High Low QMEF.N23 Price Change
263.935 263.935 263.935 263.935 0.000
Entry Signal

MarketClub’s Trade Triangles for QMEF.N23

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QMEF.N23

Based on our trend formula, QMEF.N23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for QMEF.N23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
263.935 263.935 263.935 263.935 0.000
Prev. Close Volume Bid Ask Time
263.935 0 2020-11-25 00:00:00
Volatility28.16Expiration2023-07-31
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