Future Trend Analysis Report
Prepared for you on Friday, December 3, 2021.
UCOME BIODIESEL (RED) FOB ARA Jan 2023 (NYMEX:QUCR.F23)
Bull Market Weakness (+75) - QUCR.F23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QUCR.F23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QUCR.F23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QUCR.F23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QUCR.F23
The long-term trend has been UP since Aug 6th, 2021 at 1513.500
The intermediate-term trend has been UP since Aug 6th, 2021 at 1513.500
The short-term trend has been UP since Sep 27th, 2021 at 1652.083
Smart Scan Analysis for QUCR.F23
Based on our trend formula, QUCR.F23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).