Future Trend Analysis Report
Prepared for you on Friday, July 1, 2022.
RBOB GASOLINE VS EUROBOB OXY NWE JUNE 2023 (NYMEX:QEXR.M23)
Crossroads (-60) - QEXR.M23 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QEXR.M23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QEXR.M23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QEXR.M23
The long-term trend has been DOWN since Aug 20th, 2021 at 0.2022
The intermediate-term trend has been UP since Oct 4th, 2021 at 0.2054
The short-term trend has been UP since Oct 1st, 2021 at 0.1917
Smart Scan Analysis for QEXR.M23
Based on our trend formula, QEXR.M23 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).