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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.

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NYMEX_QR53.U21
Open High Low QR53.U21 Price Change
107.824 107.824 107.824 107.824 0.000
Entry Signal

MarketClub’s Trade Triangles for QR53.U21

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.U21

Based on our trend formula, QR53.U21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QR53.U21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
107.824 107.824 107.824 107.824 0.000
Prev. Close Volume Bid Ask Time
107.824 0 2021-09-21 00:00:00
Volatility27.81Expiration2021-09-30
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