Future Trend Analysis Report
Prepared for you on Monday, December 6, 2021.
SINGAPORE FOB MARINE FUEL 0.5% V 380 CST JULY 2022 (NYMEX:QS53.N22)
Weak Downtrend (-65) - QS53.N22 is showing signs of a strengthening downtrend. Monitor QS53.N22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QS53.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QS53.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QS53.N22
The long-term trend has been DOWN since Jun 18th, 2021 at 121.950
The intermediate-term trend has been UP since Sep 1st, 2021 at 120.095
The short-term trend has been DOWN since Sep 16th, 2021 at 120.380
Smart Scan Analysis for QS53.N22
Based on our trend formula, QS53.N22 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).