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Future Trend Analysis Report

Prepared for you on Friday, August 12, 2022.

EUROPEAN FOB RDAM MARINE FUEL 0.5% BARGE JULY 2023 (NYMEX:QR5F.N23)

Countertrend Up (+85) - QR5F.N23 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.N23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QR5F.N23.

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

NYMEX_QR5F.N23
Open High Low QR5F.N23 Price Change
596.22 596.22 596.22 596.22 0.00
Entry Signal

MarketClub’s Trade Triangles for QR5F.N23

long term up The long-term trend has been UP since Oct 7th, 2021 at 472.195

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2021 at 452.260

short term up The short-term trend has been UP since Sep 10th, 2021 at 455.830

Smart Scan Analysis for QR5F.N23

Based on our trend formula, QR5F.N23 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for QR5F.N23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
596.22 596.22 596.22 596.22 0.00
Prev. Close Volume Bid Ask Time
611.41 0 2022-08-10 00:00:00
Volatility46.48Expiration2023-07-31
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