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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.

NYMEX_QFBD.M22
Open High Low QFBD.M22 Price Change
1639.517 1639.517 1639.517 1639.517 0.000
Entry Signal

MarketClub’s Trade Triangles for QFBD.M22

long term up The long-term trend has been UP since Jul 2nd, 2020 at 798.307

intermediate term up The intermediate-term trend has been UP since Jul 26th, 2021 at 1185.250

short term up 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).

+70
Smart Scan Analysis for QFBD.M22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1639.517 1639.517 1639.517 1639.517 0.000
Prev. Close Volume Bid Ask Time
1639.517 0 2022-06-28 00:00:00
Volatility32.56Expiration2022-06-30
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