Future Trend Analysis Report
Prepared for you on Thursday, January 27, 2022.
FAME 0 BIODIESEL FOB RDAM JANUARY 2022 (NYMEX:QFBD.F22)
Bull Market Weakness (+75) - QFBD.F22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QFBD.F22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QFBD.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QFBD.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QFBD.F22
The long-term trend has been UP since Jul 2nd, 2020 at 789.417
The intermediate-term trend has been UP since Jul 26th, 2021 at 1189.833
The short-term trend has been UP since Oct 5th, 2021 at 1400.583
Smart Scan Analysis for QFBD.F22
Based on our trend formula, QFBD.F22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).