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Future Trend Analysis Report

Prepared for you on Thursday, September 24, 2020.

RBOB GASOLINE Dec 2020 (NYMEX:QRB.Z20)

Weak Downtrend (-65) - QRB.Z20 is showing signs of a strengthening downtrend. Monitor QRB.Z20 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QRB.Z20?

MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.Z20.

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

NYMEX_QRB.Z20
Open High Low QRB.Z20 Price Change
1.1358 1.1358 1.1338 1.1338 -0.0102
Entry Signal

MarketClub’s Trade Triangles for QRB.Z20

long term up The long-term trend has been UP since Aug 11th, 2020 at 1.1731

intermediate term down The intermediate-term trend has been DOWN since Sep 4th, 2020 at 1.1301

short term down The short-term trend has been DOWN since Sep 22nd, 2020 at 1.1237

Smart Scan Analysis for QRB.Z20

Based on our trend formula, QRB.Z20 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for QRB.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1358 1.1358 1.1338 1.1338 -0.0102
Prev. Close Volume Bid Ask Time
1.1440 6 1.1343 1.1351 2020-09-23 19:02:39
52wk High1.708352wk High Date2019-04-23
52wk Low0.625552wk Low Date2020-04-22
Volatility36.23Expiration2020-11-30
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