Future Trend Analysis Report
Prepared for you on Friday, December 3, 2021.
ULSD 10PPM CIF MED VS. ICE GASOIL Jul 2023 (NYMEX:QZ7.N23)
Strong Downtrend (-100) - QZ7.N23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QZ7.N23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QZ7.N23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QZ7.N23
The long-term trend has been DOWN since Jan 14th, 2021 at 8.000
The intermediate-term trend has been DOWN since Aug 27th, 2021 at 6.583
The short-term trend has been DOWN since Sep 28th, 2021 at 6.584
Smart Scan Analysis for QZ7.N23
Based on our trend formula, QZ7.N23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).