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Future Trend Analysis Report

Prepared for you on Thursday, January 27, 2022.

RME BIODIESEL FOB DRAM VS ICE GASOIL Jan 2022 (NYMEX:QBFR.F22)

Bull Market Weakness (+75) - QBFR.F22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QBFR.F22 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid QBFR.F22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QBFR.F22.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QBFR.F22
Open High Low QBFR.F22 Price Change
1194.1 1194.1 1194.1 1194.1 0.0
Entry Signal

MarketClub’s Trade Triangles for QBFR.F22

long term up The long-term trend has been UP since Mar 15th, 2021 at 657.5

intermediate term up The intermediate-term trend has been UP since Jul 19th, 2021 at 782.5

short term up The short-term trend has been UP since Sep 30th, 2021 at 1020.0

Smart Scan Analysis for QBFR.F22

Based on our trend formula, QBFR.F22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for QBFR.F22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1194.1 1194.1 1194.1 1194.1 0.0
Prev. Close Volume Bid Ask Time
1194.1 0 2022-01-27 00:00:00
Volatility39.21Expiration2022-01-31
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