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Future Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

EURO FOB RDAM MARINE FUEL 0.5% VS. 3.5% Oct 2021 (NYMEX:QR53.V21)

Weak Downtrend (-65) - QR53.V21 is showing signs of a strengthening downtrend. Monitor QR53.V21 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QR53.V21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QR53.V21.

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

NYMEX_QR53.V21
Open High Low QR53.V21 Price Change
104.7 104.7 104.7 104.7 0.0
Entry Signal

MarketClub’s Trade Triangles for QR53.V21

long term down The long-term trend has been DOWN since Aug 13th, 2021 at 112.645

intermediate term down The intermediate-term trend has been DOWN since Aug 9th, 2021 at 115.800

short term down The short-term trend has been DOWN since Sep 16th, 2021 at 112.060

Smart Scan Analysis for QR53.V21

Based on our trend formula, QR53.V21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for QR53.V21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
104.7 104.7 104.7 104.7 0.0
Prev. Close Volume Bid Ask Time
104.7 0 2021-10-20 00:00:00
Volatility34.54Expiration2021-10-29
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