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Future Trend Analysis Report

Prepared for you on Wednesday, October 27, 2021.

SINGAPORE MARINE FUEL 0.5% VS. EUROPEAN OCTOBER 2021 (NYMEX:QSR5.V21)

Sidelines Mode (-50) - QSR5.V21 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until QSR5.V21 can gain momentum.

Is it time to buy, sell, or avoid QSR5.V21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QSR5.V21.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QSR5.V21
Open High Low QSR5.V21 Price Change
19.271 19.271 19.271 19.271 0.000
Entry Signal

MarketClub’s Trade Triangles for QSR5.V21

long term up The long-term trend has been UP since Sep 3rd, 2021 at 21.097

intermediate term down The intermediate-term trend has been DOWN since Sep 30th, 2021 at 23.665

short term down The short-term trend has been DOWN since Sep 24th, 2021 at 25.500

Smart Scan Analysis for QSR5.V21

Based on our trend formula, QSR5.V21 is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-50
Smart Scan Analysis for QSR5.V21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.271 19.271 19.271 19.271 0.000
Prev. Close Volume Bid Ask Time
18.871 0 2021-10-25 00:00:00
Volatility90.94Expiration2021-10-29
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