Future Trend Analysis Report
Prepared for you on Sunday, August 1, 2021.
ULSD 10PPM CIF MED VS. ICE GASOIL JULY 2021 (NYMEX:QZ7.N21)
Long-Term Downtrend (-90) - QZ7.N21 is in a strong downtrend that is likely to continue. While QZ7.N21 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.N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QZ7.N21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QZ7.N21
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 QZ7.N21
Based on our trend formula, QZ7.N21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).