Future Trend Analysis Report
Prepared for you on Friday, December 3, 2021.
EURO 3.5% FUEL OIL ROTTERDAM CL AUGUST 2023 (NYMEX:QUV.Q23)
Bull Market Weakness (+75) - QUV.Q23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QUV.Q23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QUV.Q23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QUV.Q23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QUV.Q23
The long-term trend has been UP since Jan 8th, 2021 at 268.242
The intermediate-term trend has been UP since Aug 30th, 2021 at 337.850
The short-term trend has been UP since Sep 10th, 2021 at 338.750
Smart Scan Analysis for QUV.Q23
Based on our trend formula, QUV.Q23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).