Future Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
GASOIL 0.1 CARGOES CIF NWE VS ICE GASOIL Oct 2021 (NYMEX:QTU.V21)
Long-Term Downtrend (-90) - QTU.V21 is in a strong downtrend that is likely to continue. While QTU.V21 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QTU.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTU.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QTU.V21
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QTU.V21
Based on our trend formula, QTU.V21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).