Future Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
NY 1% FUEL OIL/ GULF COAST 3% FUEL OIL OCTOBER 2021 (NYMEX:QVR.V21)
Weak Downtrend (-65) - QVR.V21 is showing signs of a strengthening downtrend. Monitor QVR.V21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QVR.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QVR.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QVR.V21
The long-term trend has been DOWN since Oct 4th, 2021 at 8.775
The intermediate-term trend has been DOWN since Oct 4th, 2021 at 9.800
The short-term trend has been DOWN since Sep 28th, 2021 at 10.800
Smart Scan Analysis for QVR.V21
Based on our trend formula, QVR.V21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).