Future Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
FAME 0 BIODIESEL FOB RDAM VS ICE GASOIL OCTOBER 2021 (NYMEX:QFBT.V21)
Long-Term Uptrend (+90) - QFBT.V21 is in a strong uptrend that is likely to continue. While QFBT.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 QFBT.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QFBT.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QFBT.V21
The long-term trend has been UP since Mar 9th, 2021 at 567.5
The intermediate-term trend has been UP since Sep 7th, 2021 at 852.5
The short-term trend has been UP since Sep 2nd, 2021 at 787.5
Smart Scan Analysis for QFBT.V21
Based on our trend formula, QFBT.V21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).