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Future Trend Analysis Report

Prepared for you on Wednesday, April 14, 2021.

RME BIODIESEL FOB RDAM Mar 2021 (NYMEX:QRBF.H21)

Long-Term Downtrend (-90) - QRBF.H21 is in a strong downtrend that is likely to continue. While QRBF.H21 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QRBF.H21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QRBF.H21.

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

NYMEX_QRBF.H21
Open High Low QRBF.H21 Price Change
1347.13 1347.13 1347.13 1347.13 0.00
Entry Signal

MarketClub’s Trade Triangles for QRBF.H21

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.H21

Based on our trend formula, QRBF.H21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QRBF.H21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1347.13 1347.13 1347.13 1347.13 0.00
Prev. Close Volume Bid Ask Time
1347.13 0 2021-04-05 00:00:00
Volatility17.59Expiration2021-03-31
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