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Future Trend Analysis Report

Prepared for you on Sunday, August 1, 2021.

MINI EUROPEAN FOB RDAM MARINE FUEL 0.5% JULY 2021 (NYMEX:QR5M.N21)

Long-Term Downtrend (-90) - QR5M.N21 is in a strong downtrend that is likely to continue. While QR5M.N21 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QR5M.N21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QR5M.N21.

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

NYMEX_QR5M.N21
Open High Low QR5M.N21 Price Change
514.019 514.019 514.019 514.019 0.000
Entry Signal

MarketClub’s Trade Triangles for QR5M.N21

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.N21

Based on our trend formula, QR5M.N21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QR5M.N21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
514.019 514.019 514.019 514.019 0.000
Prev. Close Volume Bid Ask Time
514.019 0 2021-07-29 00:00:00
Volatility25.26Expiration2021-07-30
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