Future Trend Analysis Report
Prepared for you on Friday, January 21, 2022.
MINI 1% FUEL OIL CARGOES FOB MED JANUARY 2022 (NYMEX:QMFD.F22)
Bull Market Weakness (+75) - QMFD.F22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QMFD.F22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QMFD.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMFD.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMFD.F22
The long-term trend has been DOWN since Aug 20th, 2021 at 401.821
The intermediate-term trend has been UP since Aug 30th, 2021 at 441.438
The short-term trend has been UP since Sep 10th, 2021 at 450.369
Smart Scan Analysis for QMFD.F22
Based on our trend formula, QMFD.F22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).