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Future Trend Analysis Report

Prepared for you on Wednesday, December 8, 2021.

ULSD 10PPM CIF MED VS. ICE GASOIL MARCH 2023 (NYMEX:QZ7.H23)

Long-Term Downtrend (-90) - QZ7.H23 is in a strong downtrend that is likely to continue. While QZ7.H23 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 QZ7.H23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QZ7.H23.

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

NYMEX_QZ7.H23
Open High Low QZ7.H23 Price Change
6.063 6.063 6.063 6.063 0.000
Entry Signal

MarketClub’s Trade Triangles for QZ7.H23

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QZ7.H23

Based on our trend formula, QZ7.H23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QZ7.H23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.063 6.063 6.063 6.063 0.000
Prev. Close Volume Bid Ask Time
6.063 0 2021-12-07 00:00:00
Volatility15.5Expiration2023-03-31
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