Future Trend Analysis Report
Prepared for you on Sunday, August 1, 2021.
SINGAPORE FOB MARINE FUEL 0.5% V 380 CST JULY 2021 (NYMEX:QS53.N21)
Long-Term Downtrend (-90) - QS53.N21 is in a strong downtrend that is likely to continue. While QS53.N21 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QS53.N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QS53.N21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QS53.N21
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QS53.N21
Based on our trend formula, QS53.N21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).