Future Trend Analysis Report
Prepared for you on Monday, November 29, 2021.
UCOME BIODIESEL (RED) FOB ARA Dec 2021 (NYMEX:QUCR.Z21)
Bull Market Weakness (+75) - QUCR.Z21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QUCR.Z21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QUCR.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QUCR.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QUCR.Z21
The long-term trend has been UP since Aug 31st, 2020 at 860.00
The intermediate-term trend has been DOWN since Oct 4th, 2021 at 1788.75
The short-term trend has been UP since Sep 30th, 2021 at 1717.00
Smart Scan Analysis for QUCR.Z21
Based on our trend formula, QUCR.Z21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).