Future Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
LOW SULPHUR GASOIL (10MT) FINANCIAL OCTOBER 2021 (NYMEX:QMQA.V21)
Strong Uptrend (+100) - QMQA.V21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QMQA.V21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid QMQA.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMQA.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMQA.V21
The long-term trend has been UP since Sep 2nd, 2021 at 613.167
The intermediate-term trend has been UP since Aug 27th, 2021 at 595.917
The short-term trend has been UP since Sep 2nd, 2021 at 600.750
Smart Scan Analysis for QMQA.V21
Based on our trend formula, QMQA.V21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).