Future Trend Analysis Report
Prepared for you on Friday, December 4, 2020.
MICRO SINGAPORE FOB MARINE FUEL 0.5% NOVEMBER 2021 (NYMEX:QS5O.X21)
Weak Downtrend (-65) - QS5O.X21 is showing signs of a strengthening downtrend. Monitor QS5O.X21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QS5O.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QS5O.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QS5O.X21
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QS5O.X21
Based on our trend formula, QS5O.X21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).