Future Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
MINI 3.5% FUEL OIL BARGES CRACK APRIL 2023 (NYMEX:QMFR.J23)
Long-Term Downtrend (-90) - QMFR.J23 is in a strong downtrend that is likely to continue. While QMFR.J23 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QMFR.J23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMFR.J23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMFR.J23
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QMFR.J23
Based on our trend formula, QMFR.J23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).