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Spread Trend Analysis Report
Prepared for you on Sunday, August 14, 2022.
3.5% FUEL OIL BARGES FOB RDAM CRCK SPRD AUG 22/DEC 22 (NYMEX:QFO.Q22-QFO.Z22)
Strong Downtrend (-100) - QFO.Q22-QFO.Z22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QFO.Q22-QFO.Z22 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QFO.Q22-QFO.Z22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QFO.Q22-QFO.Z22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for QFO.Q22-QFO.Z22
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 QFO.Q22-QFO.Z22
Based on our trend formula, QFO.Q22-QFO.Z22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| -5.01 | -5.01 | -5.01 | -5.01 | -0.32 |
| Prev. Close | Volume | Bid | Ask | Time |
| -4.69 | 0 | 2022-08-11 00:00:00 |
| Expiration | 2022-08-31 |