Future Trend Analysis Report
Prepared for you on Tuesday, December 7, 2021.
NY 1% FUEL OIL/ GULF COAST 3% FUEL OIL APRIL 2022 (NYMEX:QVR.J22)
Weak Uptrend (+65) - QVR.J22 is showing signs of weakening momentum to the upside. Monitor QVR.J22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QVR.J22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QVR.J22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QVR.J22
The long-term trend has been UP since Sep 2nd, 2021 at 10.60
The intermediate-term trend has been UP since Aug 27th, 2021 at 10.25
The short-term trend has been DOWN since Sep 14th, 2021 at 10.70
Smart Scan Analysis for QVR.J22
Based on our trend formula, QVR.J22 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).