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Future Trend Analysis Report

Prepared for you on Sunday, October 24, 2021.

MICRO EUROPEAN FOB RDAM MARINE FUEL 0.5% Oct 2021 (NYMEX:QR5O.V21)

Strong Uptrend (+100) - QR5O.V21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QR5O.V21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid QR5O.V21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QR5O.V21.

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

NYMEX_QR5O.V21
Open High Low QR5O.V21 Price Change
575.228 575.228 575.228 575.228 0.000
Entry Signal

MarketClub’s Trade Triangles for QR5O.V21

long term up The long-term trend has been UP since Sep 23rd, 2021 at 523.048

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2021 at 496.473

short term up The short-term trend has been UP since Sep 10th, 2021 at 499.822

Smart Scan Analysis for QR5O.V21

Based on our trend formula, QR5O.V21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for QR5O.V21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
575.228 575.228 575.228 575.228 0.000
Prev. Close Volume Bid Ask Time
575.228 0 2021-10-22 00:00:00
Volatility26.55Expiration2021-10-29
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