Future Trend Analysis Report
Prepared for you on Monday, June 27, 2022.
RBOB CALENDAR AUGUST 2024 (NYMEX:QRLX.Q24)
Bull Market Weakness (+75) - QRLX.Q24 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QRLX.Q24 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QRLX.Q24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QRLX.Q24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QRLX.Q24
The long-term trend has been UP since Oct 1st, 2021 at 1.9529
The intermediate-term trend has been UP since Sep 30th, 2021 at 1.9245
The short-term trend has been UP since Sep 30th, 2021 at 1.9146
Smart Scan Analysis for QRLX.Q24
Based on our trend formula, QRLX.Q24 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).