Free Daily Analysis

Spread Trend Analysis Report

Prepared for you on Thursday, December 2, 2021.

NY 1% FUEL OIL/ GULF COAST 3% FUEL OIL DEC 22/DEC 23 (NYMEX:QVR.Z22-QVR.Z23)

Long-Term Downtrend (-90) - QVR.Z22-QVR.Z23 is in a strong downtrend that is likely to continue. While QVR.Z22-QVR.Z23 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 QVR.Z22-QVR.Z23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QVR.Z22-QVR.Z23.

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

NYMEX_QVR.Z22-QVR.Z23
Open High Low QVR.Z22-QVR.Z23 Price Change
0.7 0.7 0.7 0.7 0.0
Entry Signal

MarketClub’s Trade Triangles for QVR.Z22-QVR.Z23

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 QVR.Z22-QVR.Z23

Based on our trend formula, QVR.Z22-QVR.Z23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QVR.Z22-QVR.Z23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7 0.7 0.7 0.7 0.0
Prev. Close Volume Bid Ask Time
0.7 0 2021-12-01 00:00:00
Expiration2022-12-30
Get a free daily analysis and signals for NY 1% FUEL OIL/ GULF COAST 3% FUEL OIL DEC 22/DEC 23 (QVR.Z22-QVR.Z23) - Request Your Free Report.