Future Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
RBOB GASOLINE VS EUROBOB OXY NWE Jan 2023 (NYMEX:QEXR.F23)
Strong Downtrend (-100) - QEXR.F23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QEXR.F23 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QEXR.F23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QEXR.F23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QEXR.F23
The long-term trend has been DOWN since Sep 28th, 2021 at 0.1642
The intermediate-term trend has been DOWN since Aug 16th, 2021 at 0.2140
The short-term trend has been DOWN since Sep 7th, 2021 at 0.2161
Smart Scan Analysis for QEXR.F23
Based on our trend formula, QEXR.F23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).