Future Trend Analysis Report
Prepared for you on Wednesday, October 27, 2021.
USGC MARINE FUEL 0.5% BARGES (PLATTS) MT OCTOBER 2021 (NYMEX:QUP5.V21)
Strong Uptrend (+100) - QUP5.V21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QUP5.V21 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.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QUP5.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QUP5.V21
The long-term trend has been UP since Nov 24th, 2020 at 336.766
The intermediate-term trend has been UP since Aug 30th, 2021 at 502.914
The short-term trend has been UP since Sep 14th, 2021 at 510.318
Smart Scan Analysis for QUP5.V21
Based on our trend formula, QUP5.V21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).