Future Trend Analysis Report
Prepared for you on Sunday, November 28, 2021.
RBOB GASOLINE VS EUROBOB OXY NWE NOVEMBER 2021 (NYMEX:QXER.X21)
Bear Market Rally (-75) - QXER.X21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QXER.X21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QXER.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QXER.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QXER.X21
The long-term trend has been DOWN since Sep 23rd, 2021 at 6.430
The intermediate-term trend has been DOWN since Aug 20th, 2021 at 8.068
The short-term trend has been UP since Sep 30th, 2021 at 5.813
Smart Scan Analysis for QXER.X21
Based on our trend formula, QXER.X21 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).