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Future Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

RME BIODIESEL FOB RDAM Oct 2021 (NYMEX:QRBF.V21)

Strong Uptrend (+100) - QRBF.V21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QRBF.V21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid QRBF.V21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QRBF.V21.

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

NYMEX_QRBF.V21
Open High Low QRBF.V21 Price Change
2364.833 2364.833 2364.833 2364.833 0.000
Entry Signal

MarketClub’s Trade Triangles for QRBF.V21

long term up The long-term trend has been UP since Jul 27th, 2020 at 955.500

intermediate term up The intermediate-term trend has been UP since Jul 19th, 2021 at 1487.417

short term up The short-term trend has been UP since Sep 17th, 2021 at 1744.833

Smart Scan Analysis for QRBF.V21

Based on our trend formula, QRBF.V21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for QRBF.V21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2364.833 2364.833 2364.833 2364.833 0.000
Prev. Close Volume Bid Ask Time
2371.556 0 2021-10-19 00:00:00
Volatility24.54Expiration2021-10-29
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