Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Saturday, May 28, 2022.

EUROPEAN FOB RDAM MARINE FUEL 0.5% BARGE MAY 2022 (NYMEX:QR5F.K22)

Countertrend Up (+85) - QR5F.K22 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.K22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QR5F.K22.

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

NYMEX_QR5F.K22
Open High Low QR5F.K22 Price Change
782.438 782.438 782.438 782.438 0.000
Entry Signal

MarketClub’s Trade Triangles for QR5F.K22

long term up The long-term trend has been UP since Sep 27th, 2021 at 505.211

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2021 at 481.311

short term up The short-term trend has been UP since Sep 10th, 2021 at 483.686

Smart Scan Analysis for QR5F.K22

Based on our trend formula, QR5F.K22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for QR5F.K22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
782.438 782.438 782.438 782.438 0.000
Prev. Close Volume Bid Ask Time
782.438 0 2022-05-26 00:00:00
Volatility47.18Expiration2022-05-31
Get a free daily analysis and signals for EUROPEAN FOB RDAM MARINE FUEL 0.5% BARGE MAY 2022 (QR5F.K22) - Request Your Free Report.