Future Trend Analysis Report
Prepared for you on Thursday, December 9, 2021.
MICRO EUROPEAN FOB RDAM MARINE FUEL 0.5% Nov 2021 (NYMEX:QR5O.X21)
Bull Market Weakness (+75) - QR5O.X21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QR5O.X21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QR5O.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QR5O.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QR5O.X21
The long-term trend has been UP since Sep 23rd, 2021 at 519.406
The intermediate-term trend has been UP since Aug 30th, 2021 at 494.067
The short-term trend has been UP since Sep 10th, 2021 at 497.180
Smart Scan Analysis for QR5O.X21
Based on our trend formula, QR5O.X21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).