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Future Trend Analysis Report

Prepared for you on Wednesday, June 29, 2022.

RME BIODIESEL FOB RDAM JUNE 2022 (NYMEX:QRBF.M22)

Bull Market Weakness (+75) - QRBF.M22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QRBF.M22 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid QRBF.M22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QRBF.M22.

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

NYMEX_QRBF.M22
Open High Low QRBF.M22 Price Change
2139.25 2139.25 2139.25 2139.25 0.00
Entry Signal

MarketClub’s Trade Triangles for QRBF.M22

long term up The long-term trend has been UP since Jul 2nd, 2020 at 921.307

intermediate term up The intermediate-term trend has been UP since Jul 19th, 2021 at 1340.739

short term up The short-term trend has been UP since Sep 20th, 2021 at 1511.080

Smart Scan Analysis for QRBF.M22

Based on our trend formula, QRBF.M22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for QRBF.M22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2139.25 2139.25 2139.25 2139.25 0.00
Prev. Close Volume Bid Ask Time
2139.25 0 2022-06-27 00:00:00
Volatility29.51Expiration2022-06-30
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