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Future Trend Analysis Report

Prepared for you on Monday, November 30, 2020.

MICRO EUROPEAN FOB RDAM MARINE FUEL 0.5% Jun 2023 (NYMEX:QR5O.M23)

Weak Downtrend (-65) - QR5O.M23 is showing signs of a strengthening downtrend. Monitor QR5O.M23 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QR5O.M23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QR5O.M23.

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

NYMEX_QR5O.M23
Open High Low QR5O.M23 Price Change
382.068 382.068 382.068 382.068 0.000
Entry Signal

MarketClub’s Trade Triangles for QR5O.M23

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.M23

Based on our trend formula, QR5O.M23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for QR5O.M23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
382.068 382.068 382.068 382.068 0.000
Prev. Close Volume Bid Ask Time
382.068 0 2020-11-27 00:00:00
Volatility33.15Expiration2023-06-30
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