Future Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
MICRO EUROPEAN FOB RDAM MARINE FUEL 0.5% Aug 2022 (NYMEX:QR5O.Q22)
Weak Downtrend (-65) - QR5O.Q22 is showing signs of a strengthening downtrend. Monitor QR5O.Q22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QR5O.Q22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QR5O.Q22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QR5O.Q22
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.Q22
Based on our trend formula, QR5O.Q22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).