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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.

NYMEX_QS53.V23
Open High Low QS53.V23 Price Change
123.75 123.75 123.75 123.75 0.00
Entry Signal

MarketClub’s Trade Triangles for QS53.V23

long term down The long-term trend has been DOWN since May 25th, 2021 at 117.627

intermediate term up The intermediate-term trend has been UP since Sep 1st, 2021 at 113.902

short term down 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).

-65
Smart Scan Analysis for QS53.V23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
123.75 123.75 123.75 123.75 0.00
Prev. Close Volume Bid Ask Time
123.75 0 2022-01-18 00:00:00
Volatility55.24Expiration2023-10-31
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