Future Trend Analysis Report
Prepared for you on Wednesday, January 26, 2022.
EUROPEAN 1% FUEL OIL CARGOES FOB NWE FEBRUARY 2024 (NYMEX:QAUF.G24)
Bull Market Weakness (+75) - QAUF.G24 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QAUF.G24 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QAUF.G24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QAUF.G24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QAUF.G24
The long-term trend has been UP since Sep 29th, 2021 at 412.300
The intermediate-term trend has been DOWN since Oct 4th, 2021 at 419.498
The short-term trend has been UP since Sep 10th, 2021 at 395.916
Smart Scan Analysis for QAUF.G24
Based on our trend formula, QAUF.G24 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).