Future Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
RBOB GASOLINE VS BRENT CRACK SPREAD OCTOBER 2022 (NYMEX:QRBB.V22)
Weak Downtrend (-65) - QRBB.V22 is showing signs of a strengthening downtrend. Monitor QRBB.V22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QRBB.V22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QRBB.V22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QRBB.V22
The long-term trend has been DOWN since Aug 20th, 2021 at 11.050
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 12.366
The short-term trend has been DOWN since Sep 20th, 2021 at 12.533
Smart Scan Analysis for QRBB.V22
Based on our trend formula, QRBB.V22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).