Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Saturday, May 21, 2022.

ULSD 10PPM CIF MED VS. ICE GASOIL MAY 2022 (NYMEX:QZ7.K22)

Long-Term Downtrend (-90) - QZ7.K22 is in a strong downtrend that is likely to continue. While QZ7.K22 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.K22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QZ7.K22.

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

NYMEX_QZ7.K22
Open High Low QZ7.K22 Price Change
18.102 18.102 18.102 18.102 0.000
Entry Signal

MarketClub’s Trade Triangles for QZ7.K22

long term down The long-term trend has been DOWN since May 18th, 2021 at 6.250

intermediate term down The intermediate-term trend has been DOWN since Aug 27th, 2021 at 6.083

short term down The short-term trend has been DOWN since Aug 26th, 2021 at 6.167

Smart Scan Analysis for QZ7.K22

Based on our trend formula, QZ7.K22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QZ7.K22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.102 18.102 18.102 18.102 0.000
Prev. Close Volume Bid Ask Time
18.102 0 2022-05-20 00:00:00
Volatility324.08Expiration2022-05-31
Get a free daily analysis and signals for ULSD 10PPM CIF MED VS. ICE GASOIL MAY 2022 (QZ7.K22) - Request Your Free Report.