Future Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
RBOB GASOLINE VS EUROBOB OXY NWE MARCH 2023 (NYMEX:QEXR.H23)
Long-Term Downtrend (-90) - QEXR.H23 is in a strong downtrend that is likely to continue. While QEXR.H23 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QEXR.H23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QEXR.H23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QEXR.H23
The long-term trend has been DOWN since Sep 23rd, 2021 at 0.3015
The intermediate-term trend has been DOWN since Aug 16th, 2021 at 0.3387
The short-term trend has been DOWN since Sep 9th, 2021 at 0.3350
Smart Scan Analysis for QEXR.H23
Based on our trend formula, QEXR.H23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).