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.
MarketClub’s Trade Triangles for QNYF.F22
The long-term trend has been UP since Aug 9th, 2021 at 0.292
The intermediate-term trend has been DOWN since Sep 29th, 2021 at 0.227
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).