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Future Trend Analysis Report

Prepared for you on Wednesday, January 26, 2022.

NY FUEL OIL 1% VS EURO 1% FUEL OIL Jul 2023 (NYMEX:QNYF.N23)

Sidelines Mode (+55) - QNYF.N23 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid QNYF.N23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QNYF.N23.

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

NYMEX_QNYF.N23
Open High Low QNYF.N23 Price Change
1.551 1.551 1.551 1.551 0.000
Entry Signal

MarketClub’s Trade Triangles for QNYF.N23

long term up The long-term trend has been UP since Jul 21st, 2021 at 0.779

intermediate term up The intermediate-term trend has been UP since Jul 21st, 2021 at 0.779

short term down The short-term trend has been DOWN since Sep 1st, 2021 at 1.028

Smart Scan Analysis for QNYF.N23

Based on our trend formula, QNYF.N23 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for QNYF.N23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.551 1.551 1.551 1.551 0.000
Prev. Close Volume Bid Ask Time
1.551 0 2022-01-25 00:00:00
Volatility1483.64Expiration2023-07-31
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