Future Trend Analysis Report
Prepared for you on Saturday, December 4, 2021.
SINGAPORE FOB MARINE FUEL 0.5% V 380 CST NOVEMBER 2021 (NYMEX:QS53.X21)
Weak Downtrend (-65) - QS53.X21 is showing signs of a strengthening downtrend. Monitor QS53.X21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QS53.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QS53.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QS53.X21
The long-term trend has been DOWN since Aug 9th, 2021 at 117.990
The intermediate-term trend has been DOWN since Aug 4th, 2021 at 121.230
The short-term trend has been DOWN since Sep 3rd, 2021 at 118.295
Smart Scan Analysis for QS53.X21
Based on our trend formula, QS53.X21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).