Future Trend Analysis Report
Prepared for you on Saturday, October 1, 2022.
FAME 0 BIODIESEL FOB RDAM VS ICE GASOIL SEPTEMBER 2022 (NYMEX:QFBT.U22)
Strong Uptrend (+100) - QFBT.U22 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QFBT.U22 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid QFBT.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QFBT.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QFBT.U22
The long-term trend has been UP since Mar 15th, 2021 at 567.5
The intermediate-term trend has been UP since Aug 6th, 2021 at 635.0
The short-term trend has been UP since Sep 27th, 2021 at 740.0
Smart Scan Analysis for QFBT.U22
Based on our trend formula, QFBT.U22 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).