Future Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
RBOB GASOLINE VS EUROBOB OXY NWE JUNE 2024 (NYMEX:QEXR.M24)
Strong Downtrend (-100) - QEXR.M24 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QEXR.M24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QEXR.M24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QEXR.M24
The long-term trend has been DOWN since Aug 20th, 2021 at 0.2142
The intermediate-term trend has been DOWN since Aug 16th, 2021 at 0.2340
The short-term trend has been DOWN since Sep 16th, 2021 at 0.2241
Smart Scan Analysis for QEXR.M24
Based on our trend formula, QEXR.M24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).