Future Trend Analysis Report
Prepared for you on Monday, November 29, 2021.
FAME 0 BIODIESEL FOB RDAM VS ICE GASOIL NOVEMBER 2021 (NYMEX:QFBT.X21)
Countertrend Up (+85) - QFBT.X21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QFBT.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QFBT.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QFBT.X21
The long-term trend has been UP since Mar 11th, 2021 at 567.500
The intermediate-term trend has been UP since Sep 7th, 2021 at 820.000
The short-term trend has been UP since Sep 17th, 2021 at 846.666
Smart Scan Analysis for QFBT.X21
Based on our trend formula, QFBT.X21 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).