Future Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
SINGAPORE FUEL OIL SPREAD DECEMBER 2024 (NYMEX:QSD.Z24)
Strong Downtrend (-100) - QSD.Z24 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QSD.Z24 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QSD.Z24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QSD.Z24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QSD.Z24
The long-term trend has been DOWN since May 28th, 2021 at 13
The intermediate-term trend has been DOWN since May 28th, 2021 at 13
The short-term trend has been DOWN since May 28th, 2021 at 13
Smart Scan Analysis for QSD.Z24
Based on our trend formula, QSD.Z24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).