Future Trend Analysis Report
Prepared for you on Sunday, January 23, 2022.
MINI EUROPEAN FOB RDAM MARINE FUEL 0.5% JUNE 2022 (NYMEX:QR5M.M22)
Countertrend Up (+85) - QR5M.M22 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 QR5M.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QR5M.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QR5M.M22
The long-term trend has been UP since Oct 4th, 2021 at 502.439
The intermediate-term trend has been UP since Aug 30th, 2021 at 479.448
The short-term trend has been UP since Sep 10th, 2021 at 481.484
Smart Scan Analysis for QR5M.M22
Based on our trend formula, QR5M.M22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).