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Future Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

EUROPEAN FOB RDAM MARINE FUEL 0.5% BARGE NOVEMBER 2023 (NYMEX:QR5F.X23)

Bull Market Weakness (+75) - QR5F.X23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QR5F.X23 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid QR5F.X23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QR5F.X23.

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

NYMEX_QR5F.X23
Open High Low QR5F.X23 Price Change
569.645 569.645 569.645 569.645 0.000
Entry Signal

MarketClub’s Trade Triangles for QR5F.X23

long term up The long-term trend has been UP since Sep 28th, 2021 at 464.695

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2021 at 444.400

short term up The short-term trend has been UP since Aug 23rd, 2021 at 423.705

Smart Scan Analysis for QR5F.X23

Based on our trend formula, QR5F.X23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for QR5F.X23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
569.645 569.645 569.645 569.645 0.000
Prev. Close Volume Bid Ask Time
569.645 0 2022-08-17 00:00:00
Volatility48.32Expiration2023-11-30
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