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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.

NYMEX_QFBD.V21
Open High Low QFBD.V21 Price Change
1870.571 1870.571 1870.571 1870.571 0.000
Entry Signal

MarketClub’s Trade Triangles for QFBD.V21

long term up The long-term trend has been UP since Jul 2nd, 2020 at 785.500

intermediate term up The intermediate-term trend has been UP since Jul 26th, 2021 at 1299.417

short term up 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).

+90
Smart Scan Analysis for QFBD.V21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1870.571 1870.571 1870.571 1870.571 0.000
Prev. Close Volume Bid Ask Time
1870.571 0 2021-10-14 00:00:00
Volatility30.62Expiration2021-10-29
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