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Future Trend Analysis Report

Prepared for you on Sunday, November 29, 2020.

MINI EUROPEAN FOB RDAM MARINE FUEL 0.5% NOVEMBER 2022 (NYMEX:QR5M.X22)

Weak Downtrend (-65) - QR5M.X22 is showing signs of a strengthening downtrend. Monitor QR5M.X22 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QR5M.X22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QR5M.X22.

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

NYMEX_QR5M.X22
Open High Low QR5M.X22 Price Change
369.38 369.38 369.38 369.38 0.00
Entry Signal

MarketClub’s Trade Triangles for QR5M.X22

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.X22

Based on our trend formula, QR5M.X22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for QR5M.X22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
369.38 369.38 369.38 369.38 0.00
Prev. Close Volume Bid Ask Time
369.38 0 2020-11-27 00:00:00
Volatility34.93Expiration2022-11-30
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