Future Trend Analysis Report
Prepared for you on Tuesday, December 6, 2022.
SINGAPORE MARINE FUEL 0.5% VS. EUROPEAN MAY 2023 (NYMEX:QSR5.K23)
Crossroads (-60) - QSR5.K23 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QSR5.K23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QSR5.K23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QSR5.K23
The long-term trend has been DOWN since Aug 26th, 2021 at 16.405
The intermediate-term trend has been UP since Sep 15th, 2021 at 22.050
The short-term trend has been UP since Sep 15th, 2021 at 21.245
Smart Scan Analysis for QSR5.K23
Based on our trend formula, QSR5.K23 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).