Future Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
FAME 0 BIODIESEL FOB RDAM JUNE 2022 (NYMEX:QFBD.M22)
Bull Market Weakness (+75) - QFBD.M22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QFBD.M22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QFBD.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QFBD.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QFBD.M22
The long-term trend has been UP since Jul 2nd, 2020 at 798.307
The intermediate-term trend has been UP since Jul 26th, 2021 at 1185.250
The short-term trend has been UP since Sep 16th, 2021 at 1347.409
Smart Scan Analysis for QFBD.M22
Based on our trend formula, QFBD.M22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).