Future Trend Analysis Report
Prepared for you on Sunday, December 3, 2023.
RME BIODIESEL FOB RDAM Nov 2023 (NYMEX:QRBF.X23)
Long-Term Downtrend (-90) - QRBF.X23 is in a strong downtrend that is likely to continue. While QRBF.X23 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.X23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QRBF.X23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QRBF.X23
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QRBF.X23
Based on our trend formula, QRBF.X23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).