Future Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
MINI 1% FUEL OIL CARGOES FOB MED NOVEMBER 2021 (NYMEX:QMFD.X21)
Countertrend Up (+85) - QMFD.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 QMFD.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMFD.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMFD.X21
The long-term trend has been UP since Sep 20th, 2021 at 466.656
The intermediate-term trend has been UP since Aug 30th, 2021 at 446.142
The short-term trend has been UP since Sep 10th, 2021 at 457.125
Smart Scan Analysis for QMFD.X21
Based on our trend formula, QMFD.X21 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).