Future Trend Analysis Report
Prepared for you on Monday, September 21, 2020.
RBOB GASOLINE OCTOBER 2020 (NYMEX:QRB.V20)
Sidelines Mode (-50) - QRB.V20 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until QRB.V20 can gain momentum.
Is it time to buy, sell, or avoid QRB.V20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.V20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QRB.V20
The long-term trend has been UP since Aug 16th, 2020 at 1.2122
The intermediate-term trend has been DOWN since Sep 6th, 2020 at 1.1557
The short-term trend has been DOWN since Sep 21st, 2020 at 1.2114
Smart Scan Analysis for QRB.V20
Based on our trend formula, QRB.V20 is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1.736||52wk High Date||2020-01-07|
|52wk Low||0.6002||52wk Low Date||2020-04-22|