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Future Trend Analysis Report

Prepared for you on Thursday, June 8, 2023.

RME BIODIESEL FOB RDAM May 2023 (NYMEX:QRBF.K23)

Strong Downtrend (-100) - QRBF.K23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QRBF.K23 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QRBF.K23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QRBF.K23.

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

NYMEX_QRBF.K23
Open High Low QRBF.K23 Price Change
959.15 959.15 959.15 959.15 0.00
Entry Signal

MarketClub’s Trade Triangles for QRBF.K23

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.K23

Based on our trend formula, QRBF.K23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QRBF.K23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
959.15 959.15 959.15 959.15 0.00
Prev. Close Volume Bid Ask Time
959.15 0 2023-06-02 00:00:00
Volatility32.89Expiration2023-05-31
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