Future Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
EURO 3.5% FUEL OIL ROTTERDAM CL Dec 2021 (NYMEX:QUV.Z21)
Countertrend Up (+85) - QUV.Z21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QUV.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QUV.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QUV.Z21
The long-term trend has been UP since Dec 17th, 2020 at 261.349
The intermediate-term trend has been UP since Aug 30th, 2021 at 374.138
The short-term trend has been UP since Sep 10th, 2021 at 378.355
Smart Scan Analysis for QUV.Z21
Based on our trend formula, QUV.Z21 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).