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Future Trend Analysis Report

Prepared for you on Friday, December 3, 2021.

EURO FOB RDAM MARINE FUEL 0.5% VS. 3.5% JANUARY 2022 (NYMEX:QR53.F22)

Strong Downtrend (-100) - QR53.F22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QR53.F22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QR53.F22.

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NYMEX_QR53.F22
Open High Low QR53.F22 Price Change
116.15 116.15 116.15 116.15 0.00
Entry Signal

MarketClub’s Trade Triangles for QR53.F22

long term down The long-term trend has been DOWN since Jun 9th, 2021 at 118.270

intermediate term down The intermediate-term trend has been DOWN since Sep 22nd, 2021 at 115.840

short term down The short-term trend has been DOWN since Sep 15th, 2021 at 117.705

Smart Scan Analysis for QR53.F22

Based on our trend formula, QR53.F22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QR53.F22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
116.15 116.15 116.15 116.15 0.00
Prev. Close Volume Bid Ask Time
116.15 0 2021-12-02 00:00:00
Volatility44.92Expiration2022-01-31
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