Future Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
ULSD 10PPM CIF MED VS. ICE GASOIL Oct 2021 (NYMEX:QZ7.V21)
Weak Downtrend (-65) - QZ7.V21 is showing signs of a strengthening downtrend. Monitor QZ7.V21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QZ7.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QZ7.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QZ7.V21
The long-term trend has been DOWN since Sep 7th, 2021 at 5.250
The intermediate-term trend has been DOWN since Aug 9th, 2021 at 5.708
The short-term trend has been UP since Oct 1st, 2021 at 4.791
Smart Scan Analysis for QZ7.V21
Based on our trend formula, QZ7.V21 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).