Future Trend Analysis Report
Prepared for you on Thursday, December 1, 2022.
EURO 3.5% FUEL OIL ROTTERDAM CL NOVEMBER 2022 (NYMEX:QUV.X22)
Bull Market Weakness (+75) - QUV.X22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QUV.X22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QUV.X22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QUV.X22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QUV.X22
The long-term trend has been UP since Jan 5th, 2021 at 257.000
The intermediate-term trend has been UP since Aug 30th, 2021 at 349.725
The short-term trend has been UP since Sep 10th, 2021 at 351.750
Smart Scan Analysis for QUV.X22
Based on our trend formula, QUV.X22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).