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Future Trend Analysis Report

Prepared for you on Saturday, September 18, 2021.

RME BIODIESEL FOB DRAM VS ICE GASOIL SEPTEMBER 2021 (NYMEX:QBFR.U21)

Weak Downtrend (-65) - QBFR.U21 is showing signs of a strengthening downtrend. Monitor QBFR.U21 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QBFR.U21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QBFR.U21.

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

NYMEX_QBFR.U21
Open High Low QBFR.U21 Price Change
1162.807 1162.807 1162.807 1162.807 0.000
Entry Signal

MarketClub’s Trade Triangles for QBFR.U21

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.U21

Based on our trend formula, QBFR.U21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for QBFR.U21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1162.807 1162.807 1162.807 1162.807 0.000
Prev. Close Volume Bid Ask Time
1162.807 0 2021-09-17 00:00:00
Volatility36.01Expiration2021-09-30
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