Future Trend Analysis Report
Prepared for you on Sunday, November 28, 2021.
GASOIL 0.1 CIF MED VS ICE GASOIL NOVEMBER 2021 (NYMEX:QZ5.X21)
Long-Term Downtrend (-90) - QZ5.X21 is in a strong downtrend that is likely to continue. While QZ5.X21 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QZ5.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QZ5.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QZ5.X21
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QZ5.X21
Based on our trend formula, QZ5.X21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).