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.
MarketClub’s Trade Triangles for QNYF.N23
The long-term trend has been UP since Jul 21st, 2021 at 0.779
The intermediate-term trend has been UP since Jul 21st, 2021 at 0.779
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).