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Future Trend Analysis Report

Prepared for you on Monday, August 8, 2022.

EUROPEAN FOB RDAM MARINE FUEL 0.5% BARGE AUGUST 2022 (NYMEX:QR5F.Q22)

Bull Market Weakness (+75) - QR5F.Q22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QR5F.Q22 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid QR5F.Q22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QR5F.Q22.

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

NYMEX_QR5F.Q22
Open High Low QR5F.Q22 Price Change
647.044 647.044 647.044 647.044 0.000
Entry Signal

MarketClub’s Trade Triangles for QR5F.Q22

long term up The long-term trend has been UP since Oct 7th, 2021 at 496.705

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2021 at 475.072

short term up The short-term trend has been UP since Sep 10th, 2021 at 477.295

Smart Scan Analysis for QR5F.Q22

Based on our trend formula, QR5F.Q22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for QR5F.Q22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
647.044 647.044 647.044 647.044 0.000
Prev. Close Volume Bid Ask Time
647.044 0 2022-08-05 00:00:00
Volatility38.68Expiration2022-08-31
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