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.
MarketClub’s Trade Triangles for QRB.Z20
The long-term trend has been UP since Aug 11th, 2020 at 1.1731
The intermediate-term trend has been DOWN since Sep 4th, 2020 at 1.1301
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).
|52wk High||1.7083||52wk High Date||2019-04-23|
|52wk Low||0.6255||52wk Low Date||2020-04-22|