Future Trend Analysis Report
Prepared for you on Monday, May 16, 2022.
SINGAPORE MARINE FUEL 0.5% VS. EUROPEAN MAY 2022 (NYMEX:QSR5.K22)
Weak Downtrend (-65) - QSR5.K22 is showing signs of a strengthening downtrend. Monitor QSR5.K22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QSR5.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QSR5.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QSR5.K22
The long-term trend has been DOWN since Aug 26th, 2021 at 16.905
The intermediate-term trend has been DOWN since Aug 26th, 2021 at 18.320
The short-term trend has been DOWN since Sep 10th, 2021 at 19.795
Smart Scan Analysis for QSR5.K22
Based on our trend formula, QSR5.K22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).