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Future Trend Analysis Report

Prepared for you on Friday, April 16, 2021.

EURO FOB RDAM MARINE FUEL 0.5% VS. 3.5% Apr 2021 (NYMEX:QR53.J21)

Bear Market Rally (-75) - QR53.J21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QR53.J21 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid QR53.J21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QR53.J21.

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

NYMEX_QR53.J21
Open High Low QR53.J21 Price Change
106.482 106.482 106.482 106.482 0.000
Entry Signal

MarketClub’s Trade Triangles for QR53.J21

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QR53.J21

Based on our trend formula, QR53.J21 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for QR53.J21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
106.482 106.482 106.482 106.482 0.000
Prev. Close Volume Bid Ask Time
106.482 0 2021-04-15 00:00:00
Volatility48.2Expiration2021-04-30
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