Future Trend Analysis Report
Prepared for you on Friday, August 12, 2022.
RBOB VS NY HARBOR ULSD JUNE 2024 (NYMEX:QRH.M24)
Weak Downtrend (-65) - QRH.M24 is showing signs of a strengthening downtrend. Monitor QRH.M24 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QRH.M24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QRH.M24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QRH.M24
The long-term trend has been DOWN since Apr 14th, 2021 at -0.0211
The intermediate-term trend has been DOWN since Sep 24th, 2021 at -0.0108
The short-term trend has been DOWN since Sep 24th, 2021 at -0.0108
Smart Scan Analysis for QRH.M24
Based on our trend formula, QRH.M24 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).