Future Trend Analysis Report
Prepared for you on Monday, November 29, 2021.
RBOB CALENDAR SPREAD 1 MO Jul 2023 (NYMEX:QZIY.N23)
Countertrend Up (+85) - QZIY.N23 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QZIY.N23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QZIY.N23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QZIY.N23
The long-term trend has been UP since Feb 12th, 2021 at 0.0179
The intermediate-term trend has been UP since Sep 17th, 2021 at 0.0237
The short-term trend has been UP since Aug 25th, 2021 at 0.0229
Smart Scan Analysis for QZIY.N23
Based on our trend formula, QZIY.N23 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).