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Future Trend Analysis Report

Prepared for you on Monday, December 6, 2021.

EURO FOB RDAM MARINE FUEL 0.5% VS. 3.5% Dec 2024 (NYMEX:QR53.Z24)

Sidelines Mode (+55) - QR53.Z24 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid QR53.Z24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QR53.Z24.

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

NYMEX_QR53.Z24
Open High Low QR53.Z24 Price Change
125.183 125.183 125.183 125.183 0.000
Entry Signal

MarketClub’s Trade Triangles for QR53.Z24

long term down The long-term trend has been DOWN since Feb 5th, 2021 at 119.45

intermediate term up The intermediate-term trend has been UP since Aug 31st, 2021 at 112.66

short term down The short-term trend has been DOWN since Sep 30th, 2021 at 117.33

Smart Scan Analysis for QR53.Z24

Based on our trend formula, QR53.Z24 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for QR53.Z24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
125.183 125.183 125.183 125.183 0.000
Prev. Close Volume Bid Ask Time
125.183 0 2021-12-03 00:00:00
Volatility52.89Expiration2024-12-31
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