Future Trend Analysis Report
Prepared for you on Friday, December 4, 2020.
MICRO EUROPEAN FOB RDAM MARINE FUEL 0.5% MAY 2021 (NYMEX:QR5O.K21)
Bear Market Rally (-75) - QR5O.K21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QR5O.K21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QR5O.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QR5O.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QR5O.K21
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 QR5O.K21
Based on our trend formula, QR5O.K21 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).