Future Trend Analysis Report
Prepared for you on Friday, December 3, 2021.
NY 1% FUEL OIL/ GULF COAST 3% FUEL OIL Feb 2022 (NYMEX:QVR.G22)
Sidelines Mode (+55) - QVR.G22 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QVR.G22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QVR.G22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QVR.G22
The long-term trend has been UP since Sep 2nd, 2021 at 10.70
The intermediate-term trend has been UP since Aug 27th, 2021 at 10.40
The short-term trend has been DOWN since Sep 14th, 2021 at 10.75
Smart Scan Analysis for QVR.G22
Based on our trend formula, QVR.G22 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).