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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 Nov 2023 (NYMEX:QS53.X23)

Weak Downtrend (-65) - QS53.X23 is showing signs of a strengthening downtrend. Monitor QS53.X23 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QS53.X23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QS53.X23.

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

NYMEX_QS53.X23
Open High Low QS53.X23 Price Change
117.4 117.4 117.4 117.4 0.0
Entry Signal

MarketClub’s Trade Triangles for QS53.X23

long term down The long-term trend has been DOWN since May 19th, 2021 at 117.46

intermediate term down The intermediate-term trend has been DOWN since Sep 30th, 2021 at 111.70

short term down The short-term trend has been DOWN since Sep 30th, 2021 at 113.48

Smart Scan Analysis for QS53.X23

Based on our trend formula, QS53.X23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for QS53.X23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
117.4 117.4 117.4 117.4 0.0
Prev. Close Volume Bid Ask Time
117.4 0 2021-11-26 00:00:00
Volatility53.34Expiration2023-11-30
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