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Future Trend Analysis Report

Prepared for you on Tuesday, November 30, 2021.

RME BIODIESEL FOB RDAM NOVEMBER 2021 (NYMEX:QRBF.X21)

Countertrend Up (+85) - QRBF.X21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid QRBF.X21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QRBF.X21.

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

NYMEX_QRBF.X21
Open High Low QRBF.X21 Price Change
2537.742 2537.742 2537.742 2537.742 0.000
Entry Signal

MarketClub’s Trade Triangles for QRBF.X21

long term up The long-term trend has been UP since Jul 27th, 2020 at 955.341

intermediate term up The intermediate-term trend has been UP since Jul 19th, 2021 at 1469.682

short term up The short-term trend has been UP since Sep 17th, 2021 at 1716.614

Smart Scan Analysis for QRBF.X21

Based on our trend formula, QRBF.X21 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for QRBF.X21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2537.742 2537.742 2537.742 2537.742 0.000
Prev. Close Volume Bid Ask Time
2517.826 0 2021-11-29 00:00:00
Volatility22.27Expiration2021-11-30
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