Future Trend Analysis Report
Prepared for you on Thursday, September 23, 2021.
EURO FOB RDAM MARINE FUEL 0.5% VS. 3.5% Sep 2021 (NYMEX:QR53.U21)
Strong Downtrend (-100) - QR53.U21 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.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QR53.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QR53.U21
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.U21
Based on our trend formula, QR53.U21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).