Future Trend Analysis Report
Prepared for you on Friday, December 3, 2021.
SINGAPORE FOB MARINE FUEL 0.5% V 380 CST FEBRUARY 2024 (NYMEX:QS53.G24)
Strong Downtrend (-100) - QS53.G24 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QS53.G24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QS53.G24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QS53.G24
The long-term trend has been DOWN since Apr 26th, 2021 at 118.37
The intermediate-term trend has been DOWN since Sep 30th, 2021 at 109.70
The short-term trend has been DOWN since Sep 30th, 2021 at 111.48
Smart Scan Analysis for QS53.G24
Based on our trend formula, QS53.G24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).