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Future Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

MICRO EUROPEAN FOB RDAM MARINE FUEL 0.5% Sep 2023 (NYMEX:QR5O.U23)

Bear Market Rally (-75) - QR5O.U23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QR5O.U23 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid QR5O.U23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QR5O.U23.

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

NYMEX_QR5O.U23
Open High Low QR5O.U23 Price Change
370.272 370.272 370.272 370.272 0.000
Entry Signal

MarketClub’s Trade Triangles for QR5O.U23

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.U23

Based on our trend formula, QR5O.U23 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for QR5O.U23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
370.272 370.272 370.272 370.272 0.000
Prev. Close Volume Bid Ask Time
370.272 0 2020-12-02 00:00:00
Volatility33.69Expiration2023-09-29
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