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Future Trend Analysis Report

Prepared for you on Sunday, January 23, 2022.

MINI EUROPEAN FOB RDAM MARINE FUEL 0.5% NOVEMBER 2024 (NYMEX:QR5M.X24)

Countertrend Up (+85) - QR5M.X24 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.X24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QR5M.X24.

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

NYMEX_QR5M.X24
Open High Low QR5M.X24 Price Change
521.831 521.831 521.831 521.831 0.000
Entry Signal

MarketClub’s Trade Triangles for QR5M.X24

long term up The long-term trend has been UP since Sep 28th, 2021 at 470.782

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2021 at 446.711

short term up The short-term trend has been UP since Aug 23rd, 2021 at 426.376

Smart Scan Analysis for QR5M.X24

Based on our trend formula, QR5M.X24 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for QR5M.X24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
521.831 521.831 521.831 521.831 0.000
Prev. Close Volume Bid Ask Time
524.480 0 2022-01-20 00:00:00
Volatility23.82Expiration2024-11-29
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