Future Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
SINGAPORE FUEL OIL SPREAD JANUARY 2023 (NYMEX:QSD.F23)
Weak Downtrend (-65) - QSD.F23 is showing signs of a strengthening downtrend. Monitor QSD.F23 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QSD.F23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QSD.F23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QSD.F23
The long-term trend has been DOWN since May 28th, 2021 at 13.000
The intermediate-term trend has been DOWN since Dec 31st, 2020 at 11.750
The short-term trend has been UP since Sep 23rd, 2021 at 10.875
Smart Scan Analysis for QSD.F23
Based on our trend formula, QSD.F23 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).