Future Trend Analysis Report
Prepared for you on Tuesday, May 11, 2021.
MICRO EUROPEAN FOB RDAM MARINE FUEL 0.5% JUNE 2024 (NYMEX:QR5O.M24)
Bear Market Rally (-75) - QR5O.M24 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QR5O.M24 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QR5O.M24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QR5O.M24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QR5O.M24
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.M24
Based on our trend formula, QR5O.M24 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).