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Future Trend Analysis Report

Prepared for you on Monday, November 29, 2021.

SINGAPORE FOB MARINE FUEL 0.5% V 380 CST Sep 2024 (NYMEX:QS53.U24)

Weak Downtrend (-65) - QS53.U24 is showing signs of a strengthening downtrend. Monitor QS53.U24 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QS53.U24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QS53.U24.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QS53.U24
Open High Low QS53.U24 Price Change
109.04 109.04 109.04 109.04 0.00
Entry Signal

MarketClub’s Trade Triangles for QS53.U24

long term down The long-term trend has been DOWN since Apr 7th, 2021 at 118.37

intermediate term down The intermediate-term trend has been DOWN since Sep 27th, 2021 at 109.70

short term down The short-term trend has been DOWN since Sep 27th, 2021 at 111.48

Smart Scan Analysis for QS53.U24

Based on our trend formula, QS53.U24 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for QS53.U24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
109.04 109.04 109.04 109.04 0.00
Prev. Close Volume Bid Ask Time
108.40 0 2021-11-24 00:00:00
Volatility63.63Expiration2024-09-30
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