Future Trend Analysis Report
Prepared for you on Sunday, October 1, 2023.
MIDDLE EAST GASOIL FOB ARAB GULF OCTOBER 2023 (NYMEX:QMPE.V23)
Weak Downtrend (-65) - QMPE.V23 is showing signs of a strengthening downtrend. Monitor QMPE.V23 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QMPE.V23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMPE.V23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMPE.V23
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 QMPE.V23
Based on our trend formula, QMPE.V23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).