Future Trend Analysis Report
Prepared for you on Thursday, December 2, 2021.
SINGAPORE FOB MARINE FUEL 0.5% V 380 CST Aug 2022 (NYMEX:QS53.Q22)
Strong Downtrend (-100) - QS53.Q22 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.Q22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QS53.Q22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QS53.Q22
The long-term trend has been DOWN since Jun 9th, 2021 at 122.70
The intermediate-term trend has been DOWN since Sep 30th, 2021 at 118.60
The short-term trend has been DOWN since Sep 21st, 2021 at 120.38
Smart Scan Analysis for QS53.Q22
Based on our trend formula, QS53.Q22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).