Future Trend Analysis Report
Prepared for you on Monday, November 28, 2022.
SINGAPORE MARINE FUEL 0.5% VS. EUROPEAN DECEMBER 2023 (NYMEX:QSR5.Z23)
Weak Uptrend (+65) - QSR5.Z23 is showing signs of weakening momentum to the upside. Monitor QSR5.Z23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QSR5.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QSR5.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QSR5.Z23
The long-term trend has been UP since Jul 1st, 2021 at 22.757
The intermediate-term trend has been DOWN since Aug 3rd, 2021 at 23.480
The short-term trend has been UP since Sep 23rd, 2021 at 20.556
Smart Scan Analysis for QSR5.Z23
Based on our trend formula, QSR5.Z23 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).