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Future Trend Analysis Report

Prepared for you on Wednesday, May 27, 2020.

EURO FOB RDAM MARINE FUEL 0.5% VS. 3.5% MAY 2020 (NYMEX:QR53.K20)

Long-Term Downtrend (-90) - QR53.K20 is in a strong downtrend that is likely to continue. While QR53.K20 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QR53.K20?

MarketClub looks at technical strength and momentum to determine if the timing is right for QR53.K20.

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

NYMEX_QR53.K20
Open High Low QR53.K20 Price Change
57.498 57.498 57.498 57.498 0.000
Entry Signal

MarketClub’s Trade Triangles for QR53.K20

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.K20

Based on our trend formula, QR53.K20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QR53.K20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
57.498 57.498 57.498 57.498 0.000
Prev. Close Volume Bid Ask Time
57.498 0 2020-05-26 00:00:00
Volatility126.08Expiration2020-05-29
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