Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

MICRO EUROPEAN FOB RDAM MARINE FUEL 0.5% Jun 2022 (NYMEX:QR5O.M22)

Bear Market Rally (-75) - QR5O.M22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QR5O.M22 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid QR5O.M22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QR5O.M22.

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

NYMEX_QR5O.M22
Open High Low QR5O.M22 Price Change
346.29 346.29 346.29 346.29 0.00
Entry Signal

MarketClub’s Trade Triangles for QR5O.M22

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 QR5O.M22

Based on our trend formula, QR5O.M22 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for QR5O.M22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
346.29 346.29 346.29 346.29 0.00
Prev. Close Volume Bid Ask Time
354.10 0 2020-12-02 00:00:00
Volatility35.59Expiration2022-06-30
Get a free daily analysis and signals for MICRO EUROPEAN FOB RDAM MARINE FUEL 0.5% Jun 2022 (QR5O.M22) - Request Your Free Report.