Future Trend Analysis Report
Prepared for you on Thursday, May 19, 2022.
USGC MARINE FUEL 0.5% BARGES (PLATTS) MT May 2022 (NYMEX:QUP5.K22)
Bull Market Weakness (+75) - QUP5.K22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QUP5.K22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QUP5.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QUP5.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QUP5.K22
The long-term trend has been DOWN since Aug 20th, 2021 at 443.751
The intermediate-term trend has been UP since Aug 30th, 2021 at 485.451
The short-term trend has been UP since Sep 10th, 2021 at 489.052
Smart Scan Analysis for QUP5.K22
Based on our trend formula, QUP5.K22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).