Future Trend Analysis Report
Prepared for you on Sunday, July 3, 2022.
RBOB GASOLINE VS BRENT CRACK SPREAD FEBRUARY 2023 (NYMEX:QRBB.G23)
Strong Downtrend (-100) - QRBB.G23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QRBB.G23 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QRBB.G23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QRBB.G23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QRBB.G23
The long-term trend has been DOWN since Aug 20th, 2021 at 10.881
The intermediate-term trend has been DOWN since Sep 21st, 2021 at 12.290
The short-term trend has been DOWN since Sep 21st, 2021 at 12.416
Smart Scan Analysis for QRBB.G23
Based on our trend formula, QRBB.G23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).