Future Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
RBOB VS NY HARBOR ULSD JUNE 2022 (NYMEX:QRH.M22)
Long-Term Downtrend (-90) - QRH.M22 is in a strong downtrend that is likely to continue. While QRH.M22 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 QRH.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QRH.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QRH.M22
The long-term trend has been DOWN since Sep 28th, 2021 at 0.0200
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 0.0361
The short-term trend has been DOWN since Sep 20th, 2021 at 0.0459
Smart Scan Analysis for QRH.M22
Based on our trend formula, QRH.M22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).