Future Trend Analysis Report
Prepared for you on Wednesday, October 27, 2021.
RBOB CALENDAR Oct 2021 (NYMEX:QRLX.V21)
Long-Term Uptrend (+90) - QRLX.V21 is in a strong uptrend that is likely to continue. While QRLX.V21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid QRLX.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QRLX.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QRLX.V21
The long-term trend has been UP since Sep 17th, 2021 at 2.1416
The intermediate-term trend has been UP since Sep 2nd, 2021 at 2.0886
The short-term trend has been UP since Sep 27th, 2021 at 2.1157
Smart Scan Analysis for QRLX.V21
Based on our trend formula, QRLX.V21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).