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Future Trend Analysis Report

Prepared for you on Thursday, December 3, 2020.

RME BIODIESEL FOB DRAM VS ICE GASOIL Nov 2020 (NYMEX:QBFR.X20)

Bear Market Rally (-75) - QBFR.X20 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QBFR.X20 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid QBFR.X20?

MarketClub looks at technical strength and momentum to determine if the timing is right for QBFR.X20.

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

NYMEX_QBFR.X20
Open High Low QBFR.X20 Price Change
733.75 733.75 733.75 733.75 0.00
Entry Signal

MarketClub’s Trade Triangles for QBFR.X20

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.X20

Based on our trend formula, QBFR.X20 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for QBFR.X20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
733.75 733.75 733.75 733.75 0.00
Prev. Close Volume Bid Ask Time
733.75 0 2020-12-01 00:00:00
Volatility39.76Expiration2020-11-30
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