Future Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
FAME 0 BIODIESEL FOB RDAM OCTOBER 2021 (NYMEX:QFBD.V21)
Long-Term Uptrend (+90) - QFBD.V21 is in a strong uptrend that is likely to continue. While QFBD.V21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid QFBD.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QFBD.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QFBD.V21
The long-term trend has been UP since Jul 2nd, 2020 at 785.500
The intermediate-term trend has been UP since Jul 26th, 2021 at 1299.417
The short-term trend has been UP since Sep 16th, 2021 at 1489.833
Smart Scan Analysis for QFBD.V21
Based on our trend formula, QFBD.V21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).