Future Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
RME BIODIESEL FOB RDAM JANUARY 2022 (NYMEX:QRBF.F22)
Bull Market Weakness (+75) - QRBF.F22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QRBF.F22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QRBF.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QRBF.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QRBF.F22
The long-term trend has been UP since Jul 27th, 2020 at 959.417
The intermediate-term trend has been UP since Jul 19th, 2021 at 1388.250
The short-term trend has been UP since Sep 21st, 2021 at 1617.250
Smart Scan Analysis for QRBF.F22
Based on our trend formula, QRBF.F22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).