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Future Trend Analysis Report

Prepared for you on Friday, January 28, 2022.

NY FUEL OIL 1% VS EURO 1% FUEL OIL Jan 2022 (NYMEX:QNYF.F22)

Crossroads (+60) - QNYF.F22 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid QNYF.F22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QNYF.F22.

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

NYMEX_QNYF.F22
Open High Low QNYF.F22 Price Change
0.177 0.177 0.177 0.177 0.000
Entry Signal

MarketClub’s Trade Triangles for QNYF.F22

long term up The long-term trend has been UP since Aug 9th, 2021 at 0.292

intermediate term down The intermediate-term trend has been DOWN since Sep 29th, 2021 at 0.227

short term down The short-term trend has been DOWN since Sep 3rd, 2021 at 0.884

Smart Scan Analysis for QNYF.F22

Based on our trend formula, QNYF.F22 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for QNYF.F22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.177 0.177 0.177 0.177 0.000
Prev. Close Volume Bid Ask Time
0.177 0 2022-01-27 00:00:00
Volatility1922.94Expiration2022-01-31
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