Future Trend Analysis Report
Prepared for you on Tuesday, January 25, 2022.
SINGAPORE FOB MARINE FUEL 0.5% V 380 CST JANUARY 2022 (NYMEX:QS53.F22)
Bear Market Rally (-75) - QS53.F22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QS53.F22 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QS53.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QS53.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QS53.F22
The long-term trend has been DOWN since Jun 17th, 2021 at 120.350
The intermediate-term trend has been DOWN since Sep 28th, 2021 at 119.925
The short-term trend has been DOWN since Sep 28th, 2021 at 120.935
Smart Scan Analysis for QS53.F22
Based on our trend formula, QS53.F22 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).