Future Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
SINGAPORE MARINE FUEL 0.5% VS. EUROPEAN Jan 2022 (NYMEX:QSR5.F22)
Bull Market Weakness (+75) - QSR5.F22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QSR5.F22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QSR5.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QSR5.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QSR5.F22
The long-term trend has been UP since Oct 5th, 2021 at 21.240
The intermediate-term trend has been UP since Sep 3rd, 2021 at 20.493
The short-term trend has been UP since Sep 1st, 2021 at 18.750
Smart Scan Analysis for QSR5.F22
Based on our trend formula, QSR5.F22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).