Future Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
SINGAPORE FOB MARINE FUEL 0.5% V 380 CST OCTOBER 2023 (NYMEX:QS53.V23)
Weak Downtrend (-65) - QS53.V23 is showing signs of a strengthening downtrend. Monitor QS53.V23 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QS53.V23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QS53.V23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QS53.V23
The long-term trend has been DOWN since May 25th, 2021 at 117.627
The intermediate-term trend has been UP since Sep 1st, 2021 at 113.902
The short-term trend has been DOWN since Sep 22nd, 2021 at 114.537
Smart Scan Analysis for QS53.V23
Based on our trend formula, QS53.V23 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).