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Future Trend Analysis Report

Prepared for you on Thursday, August 11, 2022.

EUROPEAN FOB RDAM MARINE FUEL 0.5% BARGE Mar 2024 (NYMEX:QR5F.H24)

Sidelines Mode (+50) - QR5F.H24 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until QR5F.H24 can gain momentum.

Is it time to buy, sell, or avoid QR5F.H24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QR5F.H24.

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

NYMEX_QR5F.H24
Open High Low QR5F.H24 Price Change
582.85 582.85 582.85 582.85 0.00
Entry Signal

MarketClub’s Trade Triangles for QR5F.H24

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 420.994

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2021 at 444.234

short term up The short-term trend has been UP since Aug 23rd, 2021 at 423.543

Smart Scan Analysis for QR5F.H24

Based on our trend formula, QR5F.H24 is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for QR5F.H24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
582.85 582.85 582.85 582.85 0.00
Prev. Close Volume Bid Ask Time
582.85 0 2022-08-09 00:00:00
Volatility53.49Expiration2024-03-28
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