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Future Trend Analysis Report

Prepared for you on Friday, June 2, 2023.

MIDDLE EAST GASOIL FOB ARAB GULF MAY 2023 (NYMEX:QMPE.K23)

Weak Downtrend (-65) - QMPE.K23 is showing signs of a strengthening downtrend. Monitor QMPE.K23 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QMPE.K23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMPE.K23.

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

NYMEX_QMPE.K23
Open High Low QMPE.K23 Price Change
85.045 85.045 85.045 85.045 0.000
Entry Signal

MarketClub’s Trade Triangles for QMPE.K23

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 QMPE.K23

Based on our trend formula, QMPE.K23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for QMPE.K23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
85.045 85.045 85.045 85.045 0.000
Prev. Close Volume Bid Ask Time
85.045 0 2023-06-01 00:00:00
Volatility34.97Expiration2023-05-31
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