Future Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
MINI ULSD 10PPM CARGOES CIF MED V GASOIL Oct 2021 (NYMEX:QUCM.V21)
Weak Downtrend (-65) - QUCM.V21 is showing signs of a strengthening downtrend. Monitor QUCM.V21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QUCM.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QUCM.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QUCM.V21
The long-term trend has been DOWN since Sep 7th, 2021 at 5.250
The intermediate-term trend has been DOWN since Aug 9th, 2021 at 5.708
The short-term trend has been UP since Sep 29th, 2021 at 4.791
Smart Scan Analysis for QUCM.V21
Based on our trend formula, QUCM.V21 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).