Future Trend Analysis Report
Prepared for you on Wednesday, June 16, 2021.
EUROPEAN FOB RDAM MARINE FUEL 0.5% BARGE Jun 2021 (NYMEX:QR5F.M21)
Weak Downtrend (-65) - QR5F.M21 is showing signs of a strengthening downtrend. Monitor QR5F.M21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QR5F.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QR5F.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QR5F.M21
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QR5F.M21
Based on our trend formula, QR5F.M21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).