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Future Trend Analysis Report

Prepared for you on Wednesday, January 26, 2022.

RME BIODIESEL FOB RDAM OCTOBER 2023 (NYMEX:QRBF.V23)

Long-Term Downtrend (-90) - QRBF.V23 is in a strong downtrend that is likely to continue. While QRBF.V23 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.V23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QRBF.V23.

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

NYMEX_QRBF.V23
Open High Low QRBF.V23 Price Change
1528.25 1528.25 1528.25 1528.25 0.00
Entry Signal

MarketClub’s Trade Triangles for QRBF.V23

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.V23

Based on our trend formula, QRBF.V23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QRBF.V23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1528.25 1528.25 1528.25 1528.25 0.00
Prev. Close Volume Bid Ask Time
1528.25 0 2022-01-25 00:00:00
Volatility21.1Expiration2023-10-31
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