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Prepared for you on Sunday, March 7, 2021.

RME BIODIESEL FOB RDAM Feb 2021 (NYMEX:QRBF.G21)

Bear Market Rally (-75) - QRBF.G21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QRBF.G21 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid QRBF.G21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QRBF.G21.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QRBF.G21
Open High Low QRBF.G21 Price Change
1311.45 1311.45 1311.45 1311.45 0.00
Entry Signal

MarketClub’s Trade Triangles for QRBF.G21

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QRBF.G21

Based on our trend formula, QRBF.G21 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for QRBF.G21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1311.45 1311.45 1311.45 1311.45 0.00
Prev. Close Volume Bid Ask Time
1311.45 0 2021-03-02 00:00:00
Volatility20.78Expiration2021-02-26
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