Future Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
RBOB CRACK SPREAD Jul 2023 (NYMEX:QARE.N23)
Sidelines Mode (+50) - QARE.N23 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until QARE.N23 can gain momentum.
Is it time to buy, sell, or avoid QARE.N23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QARE.N23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QARE.N23
The long-term trend has been DOWN since Aug 16th, 2021 at 21.00
The intermediate-term trend has been UP since Oct 4th, 2021 at 22.06
The short-term trend has been UP since Oct 4th, 2021 at 20.82
Smart Scan Analysis for QARE.N23
Based on our trend formula, QARE.N23 is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).