Future Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
RBOB GASOLINE VS EUROBOB OXY NWE Oct 2021 (NYMEX:QEXR.V21)
Bear Market Rally (-75) - QEXR.V21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QEXR.V21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QEXR.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QEXR.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QEXR.V21
The long-term trend has been DOWN since Aug 23rd, 2021 at 0.1487
The intermediate-term trend has been DOWN since Aug 20th, 2021 at 0.1769
The short-term trend has been DOWN since Sep 1st, 2021 at 0.1672
Smart Scan Analysis for QEXR.V21
Based on our trend formula, QEXR.V21 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).