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Future Trend Analysis Report

Prepared for you on Saturday, August 13, 2022.

EUROPEAN FOB RDAM MARINE FUEL 0.5% BARGE APRIL 2023 (NYMEX:QR5F.J23)

Countertrend Up (+85) - QR5F.J23 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid QR5F.J23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QR5F.J23.

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

NYMEX_QR5F.J23
Open High Low QR5F.J23 Price Change
604.842 604.842 604.842 604.842 0.000
Entry Signal

MarketClub’s Trade Triangles for QR5F.J23

long term up The long-term trend has been UP since Oct 1st, 2021 at 477.445

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2021 at 457.885

short term up The short-term trend has been UP since Sep 10th, 2021 at 460.830

Smart Scan Analysis for QR5F.J23

Based on our trend formula, QR5F.J23 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for QR5F.J23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
604.842 604.842 604.842 604.842 0.000
Prev. Close Volume Bid Ask Time
620.702 0 2022-08-10 00:00:00
Volatility44.76Expiration2023-04-28
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