Future Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
EURO SINGAPORE FUEL OIL 180CST CAL OCTOBER 2021 (NYMEX:QUA.V21)
Long-Term Uptrend (+90) - QUA.V21 is in a strong uptrend that is likely to continue. While QUA.V21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid QUA.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QUA.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QUA.V21
The long-term trend has been UP since Dec 15th, 2020 at 291.045
The intermediate-term trend has been UP since Aug 25th, 2021 at 405.384
The short-term trend has been UP since Sep 2nd, 2021 at 418.278
Smart Scan Analysis for QUA.V21
Based on our trend formula, QUA.V21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).