Future Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
RBOB GASOLINE VS BRENT CRACK SPREAD Oct 2021 (NYMEX:QRBB.V21)
Crossroads (+60) - QRBB.V21 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QRBB.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QRBB.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QRBB.V21
The long-term trend has been UP since Jun 19th, 2020 at 3.713
The intermediate-term trend has been DOWN since Aug 17th, 2021 at 15.573
The short-term trend has been DOWN since Sep 20th, 2021 at 15.096
Smart Scan Analysis for QRBB.V21
Based on our trend formula, QRBB.V21 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).