Future Trend Analysis Report
Prepared for you on Wednesday, January 26, 2022.
USGC MARINE FUEL 0.5% BARGES (PLATTS) MT Jul 2023 (NYMEX:QUP5.N23)
Strong Uptrend (+100) - QUP5.N23 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QUP5.N23 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid QUP5.N23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QUP5.N23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QUP5.N23
The long-term trend has been UP since Oct 5th, 2021 at 481.650
The intermediate-term trend has been UP since Aug 30th, 2021 at 459.575
The short-term trend has been UP since Sep 10th, 2021 at 461.162
Smart Scan Analysis for QUP5.N23
Based on our trend formula, QUP5.N23 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).