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.
MarketClub’s Trade Triangles for QS53.U24
The long-term trend has been DOWN since Apr 7th, 2021 at 118.37
The intermediate-term trend has been DOWN since Sep 27th, 2021 at 109.70
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).