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Future Trend Analysis Report

Prepared for you on Thursday, May 26, 2022.

NY 1% FUEL OIL/ GULF COAST 3% FUEL OIL MAY 2022 (NYMEX:QVR.K22)

Weak Downtrend (-65) - QVR.K22 is showing signs of a strengthening downtrend. Monitor QVR.K22 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QVR.K22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QVR.K22.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QVR.K22
Open High Low QVR.K22 Price Change
7.58 7.58 7.58 7.58 0.00
Entry Signal

MarketClub’s Trade Triangles for QVR.K22

long term up The long-term trend has been UP since Sep 2nd, 2021 at 10.575

intermediate term down The intermediate-term trend has been DOWN since Sep 30th, 2021 at 10.400

short term down The short-term trend has been DOWN since Sep 17th, 2021 at 10.675

Smart Scan Analysis for QVR.K22

Based on our trend formula, QVR.K22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for QVR.K22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.58 7.58 7.58 7.58 0.00
Prev. Close Volume Bid Ask Time
7.58 0 2022-05-25 00:00:00
Volatility117.28Expiration2022-05-31
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