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Future Trend Analysis Report

Prepared for you on Monday, August 8, 2022.

SINGAPORE GASOIL VS MARINE FUEL 0.5% Sep 2023 (NYMEX:QGMS.U23)

Sidelines Mode (+55) - QGMS.U23 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 QGMS.U23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QGMS.U23.

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

NYMEX_QGMS.U23
Open High Low QGMS.U23 Price Change
220.901 220.901 220.901 220.901 0.000
Entry Signal

MarketClub’s Trade Triangles for QGMS.U23

long term up The long-term trend has been UP since Apr 26th, 2021 at 59.587

intermediate term up The intermediate-term trend has been UP since Aug 25th, 2021 at 75.113

short term down The short-term trend has been DOWN since Sep 8th, 2021 at 76.573

Smart Scan Analysis for QGMS.U23

Based on our trend formula, QGMS.U23 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for QGMS.U23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
220.901 220.901 220.901 220.901 0.000
Prev. Close Volume Bid Ask Time
220.901 0 2022-08-05 00:00:00
Volatility150.94Expiration2023-09-29
Get a free daily analysis and signals for SINGAPORE GASOIL VS MARINE FUEL 0.5% Sep 2023 (QGMS.U23) - Request Your Free Report.