Future Trend Analysis Report
Prepared for you on Thursday, January 27, 2022.
RBOB GASOLINE VS EUROBOB OXY NWE Jan 2022 (NYMEX:QXER.F22)
Weak Downtrend (-65) - QXER.F22 is showing signs of a strengthening downtrend. Monitor QXER.F22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QXER.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QXER.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QXER.F22
The long-term trend has been UP since Jul 28th, 2020 at 2.730
The intermediate-term trend has been DOWN since Aug 16th, 2021 at 8.988
The short-term trend has been DOWN since Sep 7th, 2021 at 9.076
Smart Scan Analysis for QXER.F22
Based on our trend formula, QXER.F22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).