Spread Trend Analysis Report
Prepared for you on Sunday, August 14, 2022.
3.5% FUEL OIL BARGES FOB RDAM CRCK SPRD DEC 22/FEB 23 (NYMEX:QFO.Z22-QFO.G23)
Strong Downtrend (-100) - QFO.Z22-QFO.G23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QFO.Z22-QFO.G23 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QFO.Z22-QFO.G23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QFO.Z22-QFO.G23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QFO.Z22-QFO.G23
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.Z22-QFO.G23
Based on our trend formula, QFO.Z22-QFO.G23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).