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Future Trend Analysis Report

Prepared for you on Saturday, May 21, 2022.

FAME 0 BIODIESEL FOB RDAM VS ICE GASOIL MAY 2022 (NYMEX:QFBT.K22)

Bull Market Weakness (+75) - QFBT.K22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QFBT.K22 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid QFBT.K22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QFBT.K22.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QFBT.K22
Open High Low QFBT.K22 Price Change
765.656 765.656 765.656 765.656 0.000
Entry Signal

MarketClub’s Trade Triangles for QFBT.K22

long term up The long-term trend has been UP since Mar 15th, 2021 at 567.5

intermediate term up The intermediate-term trend has been UP since Aug 6th, 2021 at 635.0

short term up The short-term trend has been UP since Sep 29th, 2021 at 780.0

Smart Scan Analysis for QFBT.K22

Based on our trend formula, QFBT.K22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for QFBT.K22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
765.656 765.656 765.656 765.656 0.000
Prev. Close Volume Bid Ask Time
777.245 0 2022-05-19 00:00:00
Volatility98.63Expiration2022-05-31
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