Future Trend Analysis Report
Prepared for you on Thursday, January 27, 2022.
SINGAPORE MARINE FUEL 0.5% VS. EUROPEAN Oct 2024 (NYMEX:QSR5.V24)
Bull Market Weakness (+75) - QSR5.V24 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QSR5.V24 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QSR5.V24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QSR5.V24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QSR5.V24
The long-term trend has been UP since Jul 22nd, 2021 at 18.386
The intermediate-term trend has been DOWN since Aug 23rd, 2021 at 14.533
The short-term trend has been UP since Sep 16th, 2021 at 12.546
Smart Scan Analysis for QSR5.V24
Based on our trend formula, QSR5.V24 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).