Future Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
EAST/WEST FUEL OIL SPREAD AUGUST 2026 (NYMEX:FEW.Q26)
Sidelines Mode (-55) - FEW.Q26 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid FEW.Q26?
MarketClub looks at technical strength and momentum to determine if the timing is right for FEW.Q26.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FEW.Q26
The long-term trend has been DOWN since Feb 23rd, 2021 at 31.75
The intermediate-term trend has been DOWN since Sep 2nd, 2021 at 29.67
The short-term trend has been UP since Sep 10th, 2021 at 30.25
Smart Scan Analysis for FEW.Q26
Based on our trend formula, FEW.Q26 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).