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Future Trend Analysis Report

Prepared for you on Friday, November 27, 2020.

MINI EUROPEAN FOB RDAM MARINE FUEL 0.5% Aug 2023 (NYMEX:QR5M.Q23)

Weak Downtrend (-65) - QR5M.Q23 is showing signs of a strengthening downtrend. Monitor QR5M.Q23 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QR5M.Q23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QR5M.Q23.

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

NYMEX_QR5M.Q23
Open High Low QR5M.Q23 Price Change
378.402 378.402 378.402 378.402 0.000
Entry Signal

MarketClub’s Trade Triangles for QR5M.Q23

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.Q23

Based on our trend formula, QR5M.Q23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for QR5M.Q23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
378.402 378.402 378.402 378.402 0.000
Prev. Close Volume Bid Ask Time
378.402 0 2020-11-25 00:00:00
Volatility33.47Expiration2023-08-31
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