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Future Trend Analysis Report

Prepared for you on Thursday, July 7, 2022.

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

Bull Market Weakness (+75) - QR5O.M22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QR5O.M22 as it may be in the beginning stages 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
872.688 872.688 872.688 872.688 0.000
Entry Signal

MarketClub’s Trade Triangles for QR5O.M22

long term up The long-term trend has been UP since Sep 29th, 2021 at 502.439

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2021 at 479.448

short term up The short-term trend has been UP since Sep 10th, 2021 at 481.484

Smart Scan Analysis for QR5O.M22

Based on our trend formula, QR5O.M22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for QR5O.M22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
872.688 872.688 872.688 872.688 0.000
Prev. Close Volume Bid Ask Time
872.688 0 2022-07-05 00:00:00
Volatility47.52Expiration2022-06-30
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