Future Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
NY HARBOR ULSD VS GASOIL 1000BBL NOVEMBER 2023 (NYMEX:QNLS.X23)
Weak Downtrend (-65) - QNLS.X23 is showing signs of a strengthening downtrend. Monitor QNLS.X23 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QNLS.X23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNLS.X23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNLS.X23
The long-term trend has been UP since Feb 24th, 2020 at 0.0571
The intermediate-term trend has been DOWN since Aug 17th, 2021 at 0.2059
The short-term trend has been DOWN since Sep 7th, 2021 at 0.1941
Smart Scan Analysis for QNLS.X23
Based on our trend formula, QNLS.X23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).