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Future Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

EUROPEAN FOB RDAM MARINE FUEL 0.5% BARGE Dec 2024 (NYMEX:QR5F.Z24)

Strong Uptrend (+100) - QR5F.Z24 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QR5F.Z24 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid QR5F.Z24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QR5F.Z24.

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

NYMEX_QR5F.Z24
Open High Low QR5F.Z24 Price Change
568.438 568.438 568.438 568.438 0.000
Entry Signal

MarketClub’s Trade Triangles for QR5F.Z24

long term up The long-term trend has been UP since Oct 4th, 2021 at 470.695

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2021 at 446.900

short term up The short-term trend has been UP since Aug 23rd, 2021 at 426.609

Smart Scan Analysis for QR5F.Z24

Based on our trend formula, QR5F.Z24 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for QR5F.Z24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
568.438 568.438 568.438 568.438 0.000
Prev. Close Volume Bid Ask Time
568.438 0 2022-08-12 00:00:00
Volatility54.67Expiration2024-12-31
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