Free Daily Analysis

Spread Trend Analysis Report

Prepared for you on Monday, August 8, 2022.

3.5% FUEL OIL BARGES FOB RDAM CRCK SPRD NOV 22/MAR 23 (NYMEX:QFO.X22-QFO.H23)

Long-Term Downtrend (-90) - QFO.X22-QFO.H23 is in a strong downtrend that is likely to continue. While QFO.X22-QFO.H23 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 QFO.X22-QFO.H23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QFO.X22-QFO.H23.

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

NYMEX_QFO.X22-QFO.H23
Open High Low QFO.X22-QFO.H23 Price Change
-3.41 -3.41 -3.41 -3.41 0
Entry Signal

MarketClub’s Trade Triangles for QFO.X22-QFO.H23

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QFO.X22-QFO.H23

Based on our trend formula, QFO.X22-QFO.H23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QFO.X22-QFO.H23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-3.41 -3.41 -3.41 -3.41 0
Prev. Close Volume Bid Ask Time
-3.41 0 2022-08-05 00:00:00
Expiration2022-11-30
Get a free daily analysis and signals for 3.5% FUEL OIL BARGES FOB RDAM CRCK SPRD NOV 22/MAR 23 (QFO.X22-QFO.H23) - Request Your Free Report.