Future Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
SINGAPORE FOB MARINE FUEL 0.5% (PLATTS) Dec 2022 (NYMEX:QS5F.Z22)
Countertrend Up (+85) - QS5F.Z22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QS5F.Z22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QS5F.Z22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QS5F.Z22
The long-term trend has been UP since Sep 30th, 2021 at 506.995
The intermediate-term trend has been UP since Sep 2nd, 2021 at 486.320
The short-term trend has been UP since Sep 10th, 2021 at 488.500
Smart Scan Analysis for QS5F.Z22
Based on our trend formula, QS5F.Z22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).