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Future Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

MINI EUROPEAN FOB RDAM MARINE FUEL 0.5% JUNE 2021 (NYMEX:QR5M.M21)

Weak Downtrend (-65) - QR5M.M21 is showing signs of a strengthening downtrend. Monitor QR5M.M21 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QR5M.M21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QR5M.M21.

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

NYMEX_QR5M.M21
Open High Low QR5M.M21 Price Change
346.474 346.474 346.474 346.474 0.000
Entry Signal

MarketClub’s Trade Triangles for QR5M.M21

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QR5M.M21

Based on our trend formula, QR5M.M21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for QR5M.M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
346.474 346.474 346.474 346.474 0.000
Prev. Close Volume Bid Ask Time
346.474 0 2020-12-03 00:00:00
Volatility37.02Expiration2021-06-30
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