Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Tuesday, January 18, 2022.

NY FUEL OIL 1% VS EURO 1% FUEL OIL Apr 2023 (NYMEX:QNYF.J23)

Sidelines Mode (-50) - QNYF.J23 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until QNYF.J23 can gain momentum.

Is it time to buy, sell, or avoid QNYF.J23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QNYF.J23.

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

NYMEX_QNYF.J23
Open High Low QNYF.J23 Price Change
1.314 1.314 1.314 1.314 0.000
Entry Signal

MarketClub’s Trade Triangles for QNYF.J23

long term up The long-term trend has been UP since Aug 25th, 2021 at 0.736

intermediate term down The intermediate-term trend has been DOWN since Sep 20th, 2021 at 0.403

short term down The short-term trend has been DOWN since Sep 1st, 2021 at 0.875

Smart Scan Analysis for QNYF.J23

Based on our trend formula, QNYF.J23 is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-50
Smart Scan Analysis for QNYF.J23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.314 1.314 1.314 1.314 0.000
Prev. Close Volume Bid Ask Time
1.314 0 2022-01-14 00:00:00
Volatility1500.13Expiration2023-04-28
Get a free daily analysis and signals for NY FUEL OIL 1% VS EURO 1% FUEL OIL Apr 2023 (QNYF.J23) - Request Your Free Report.