Future Trend Analysis Report
Prepared for you on Monday, December 6, 2021.
SINGAPORE FOB MARINE FUEL 0.5% V 380 CST DECEMBER 2022 (NYMEX:QS53.Z22)
Strong Downtrend (-100) - QS53.Z22 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.Z22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QS53.Z22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QS53.Z22
The long-term trend has been DOWN since Jun 3rd, 2021 at 123.61
The intermediate-term trend has been DOWN since Sep 27th, 2021 at 119.10
The short-term trend has been DOWN since Sep 27th, 2021 at 120.88
Smart Scan Analysis for QS53.Z22
Based on our trend formula, QS53.Z22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).