Future Trend Analysis Report
Prepared for you on Thursday, December 2, 2021.
SINGAPORE FOB MARINE FUEL 0.5% (PLATTS) JANUARY 2023 (NYMEX:QS5F.F23)
Bull Market Weakness (+75) - QS5F.F23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QS5F.F23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QS5F.F23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QS5F.F23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QS5F.F23
The long-term trend has been UP since Sep 30th, 2021 at 504.745
The intermediate-term trend has been UP since Aug 30th, 2021 at 484.570
The short-term trend has been UP since Sep 10th, 2021 at 487.850
Smart Scan Analysis for QS5F.F23
Based on our trend formula, QS5F.F23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).