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Future Trend Analysis Report

Prepared for you on Wednesday, June 16, 2021.

RME BIODIESEL FOB DRAM VS ICE GASOIL JUNE 2021 (NYMEX:QBFR.M21)

Bear Market Rally (-75) - QBFR.M21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QBFR.M21 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid QBFR.M21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QBFR.M21.

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

NYMEX_QBFR.M21
Open High Low QBFR.M21 Price Change
1051.716 1051.716 1051.716 1051.716 0.000
Entry Signal

MarketClub’s Trade Triangles for QBFR.M21

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QBFR.M21

Based on our trend formula, QBFR.M21 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for QBFR.M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1051.716 1051.716 1051.716 1051.716 0.000
Prev. Close Volume Bid Ask Time
1051.716 0 2021-06-15 00:00:00
Volatility31.39Expiration2021-06-30
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