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Future Trend Analysis Report

Prepared for you on Friday, May 27, 2022.

MINI 1% FUEL OIL CARGOES FOB MED Aug 2022 (NYMEX:QMFD.Q22)

Countertrend Up (+85) - QMFD.Q22 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 QMFD.Q22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMFD.Q22.

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

NYMEX_QMFD.Q22
Open High Low QMFD.Q22 Price Change
653.211 653.211 653.211 653.211 0.000
Entry Signal

MarketClub’s Trade Triangles for QMFD.Q22

long term up The long-term trend has been UP since Sep 30th, 2021 at 444.588

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2021 at 426.128

short term up The short-term trend has been UP since Sep 10th, 2021 at 432.890

Smart Scan Analysis for QMFD.Q22

Based on our trend formula, QMFD.Q22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for QMFD.Q22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
653.211 653.211 653.211 653.211 0.000
Prev. Close Volume Bid Ask Time
653.211 0 2022-05-26 00:00:00
Volatility48.71Expiration2022-08-31
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