Future Trend Analysis Report
Prepared for you on Tuesday, December 1, 2020.
MINI EUROPEAN FOB RDAM MARINE FUEL 0.5% NOVEMBER 2021 (NYMEX:QR5M.X21)
Weak Downtrend (-65) - QR5M.X21 is showing signs of a strengthening downtrend. Monitor QR5M.X21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QR5M.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QR5M.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QR5M.X21
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QR5M.X21
Based on our trend formula, QR5M.X21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).