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Future Trend Analysis Report

Prepared for you on Thursday, June 8, 2023.

EURO 3.5% FUEL OIL ROTTERDAM CL May 2023 (NYMEX:QUV.K23)

Bear Market Rally (-75) - QUV.K23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QUV.K23 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid QUV.K23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QUV.K23.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QUV.K23
Open High Low QUV.K23 Price Change
402.89 402.89 402.89 402.89 0.00
Entry Signal

MarketClub’s Trade Triangles for QUV.K23

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QUV.K23

Based on our trend formula, QUV.K23 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for QUV.K23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
402.89 402.89 402.89 402.89 0.00
Prev. Close Volume Bid Ask Time
402.89 0 2023-06-02 00:00:00
Volatility35.96Expiration2023-05-31
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