Future Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
UCOME BIODIESEL (RED) FOB ARA JUNE 2022 (NYMEX:QUCR.M22)
Bull Market Weakness (+75) - QUCR.M22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QUCR.M22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QUCR.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QUCR.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QUCR.M22
The long-term trend has been UP since Feb 8th, 2021 at 1317.500
The intermediate-term trend has been UP since Jul 27th, 2021 at 1480.916
The short-term trend has been UP since Sep 29th, 2021 at 1671.583
Smart Scan Analysis for QUCR.M22
Based on our trend formula, QUCR.M22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).