Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Wednesday, January 26, 2022.

NY FUEL OIL 1% VS EURO 1% FUEL OIL JUNE 2023 (NYMEX:QNYF.M23)

Weak Downtrend (-65) - QNYF.M23 is showing signs of a strengthening downtrend. Monitor QNYF.M23 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QNYF.M23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QNYF.M23.

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

NYMEX_QNYF.M23
Open High Low QNYF.M23 Price Change
1.163 1.163 1.163 1.163 0.000
Entry Signal

MarketClub’s Trade Triangles for QNYF.M23

long term up The long-term trend has been UP since Aug 27th, 2021 at 1.016

intermediate term down The intermediate-term trend has been DOWN since Sep 27th, 2021 at 0.500

short term down The short-term trend has been DOWN since Sep 1st, 2021 at 0.908

Smart Scan Analysis for QNYF.M23

Based on our trend formula, QNYF.M23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for QNYF.M23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.163 1.163 1.163 1.163 0.000
Prev. Close Volume Bid Ask Time
1.163 0 2022-01-25 00:00:00
Volatility1652.99Expiration2023-06-30
Get a free daily analysis and signals for NY FUEL OIL 1% VS EURO 1% FUEL OIL JUNE 2023 (QNYF.M23) - Request Your Free Report.