Future Trend Analysis Report
Prepared for you on Friday, December 3, 2021.
SINGAPORE FOB MARINE FUEL 0.5% V 380 CST JANUARY 2024 (NYMEX:QS53.F24)
Weak Downtrend (-65) - QS53.F24 is showing signs of a strengthening downtrend. Monitor QS53.F24 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QS53.F24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QS53.F24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QS53.F24
The long-term trend has been DOWN since May 19th, 2021 at 118.377
The intermediate-term trend has been DOWN since Sep 23rd, 2021 at 108.867
The short-term trend has been DOWN since Sep 20th, 2021 at 112.147
Smart Scan Analysis for QS53.F24
Based on our trend formula, QS53.F24 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).