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Future Trend Analysis Report

Prepared for you on Friday, May 27, 2022.

MINI EUROPEAN FOB RDAM MARINE FUEL 0.5% Sep 2023 (NYMEX:QR5M.U23)

Countertrend Up (+85) - QR5M.U23 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.U23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QR5M.U23.

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

NYMEX_QR5M.U23
Open High Low QR5M.U23 Price Change
646.645 646.645 646.645 646.645 0.000
Entry Signal

MarketClub’s Trade Triangles for QR5M.U23

long term up The long-term trend has been UP since Sep 28th, 2021 at 468.528

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2021 at 448.260

short term up The short-term trend has been UP since Sep 10th, 2021 at 453.050

Smart Scan Analysis for QR5M.U23

Based on our trend formula, QR5M.U23 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for QR5M.U23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
646.645 646.645 646.645 646.645 0.000
Prev. Close Volume Bid Ask Time
641.400 0 2022-05-25 00:00:00
Volatility56.5Expiration2023-09-29
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