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.
MarketClub’s Trade Triangles for QRBF.V21
The long-term trend has been UP since Jul 27th, 2020 at 955.500
The intermediate-term trend has been UP since Jul 19th, 2021 at 1487.417
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).