Future Trend Analysis Report
Prepared for you on Thursday, May 26, 2022.
UCO T1 CIF ARA VS LOW SULPHUR GASOIL May 2022 (NYMEX:QUSG.K22)
Bear Market Rally (-75) - QUSG.K22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QUSG.K22 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QUSG.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QUSG.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QUSG.K22
The long-term trend has been DOWN since Jun 1st, 2021 at 731.773
The intermediate-term trend has been DOWN since Aug 31st, 2021 at 582.135
The short-term trend has been DOWN since Sep 10th, 2021 at 567.286
Smart Scan Analysis for QUSG.K22
Based on our trend formula, QUSG.K22 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).