Future Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
RBOB GASOLINE VS EUROBOB NON-OXY NWE OCTOBER 2021 (NYMEX:QRGF.V21)
Weak Downtrend (-65) - QRGF.V21 is showing signs of a strengthening downtrend. Monitor QRGF.V21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QRGF.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QRGF.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QRGF.V21
The long-term trend has been DOWN since Aug 23rd, 2021 at 0.12725
The intermediate-term trend has been DOWN since Aug 16th, 2021 at 0.17163
The short-term trend has been DOWN since Sep 16th, 2021 at 0.14749
Smart Scan Analysis for QRGF.V21
Based on our trend formula, QRGF.V21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).