Future Trend Analysis Report
Prepared for you on Saturday, June 12, 2021.
EURO FOB RDAM MARINE FUEL 0.5% VS. 3.5% JUNE 2021 (NYMEX:QR53.M21)
Bear Market Rally (-75) - QR53.M21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QR53.M21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QR53.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QR53.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QR53.M21
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QR53.M21
Based on our trend formula, QR53.M21 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).