Future Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
NY FUEL OIL 1% VS EURO 1% FUEL OIL Oct 2021 (NYMEX:QNYF.V21)
Crossroads (+60) - QNYF.V21 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.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNYF.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNYF.V21
The long-term trend has been UP since Aug 11th, 2021 at 0.320
The intermediate-term trend has been DOWN since Sep 7th, 2021 at -0.148
The short-term trend has been DOWN since Sep 24th, 2021 at 0.209
Smart Scan Analysis for QNYF.V21
Based on our trend formula, QNYF.V21 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).