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.
MarketClub’s Trade Triangles for QSR5.V21
The long-term trend has been UP since Sep 3rd, 2021 at 21.097
The intermediate-term trend has been DOWN since Sep 30th, 2021 at 23.665
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).