Future Trend Analysis Report
Prepared for you on Wednesday, June 23, 2021.
RBOB GASOLINE Dec 2022 (NYMEX:RB.Z22)
Strong Uptrend (+100) - RB.Z22 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, RB.Z22 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid RB.Z22?
MarketClub looks at technical strength and momentum to determine if the timing is right for RB.Z22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RB.Z22
The long-term trend has been UP since Nov 24th, 2020 at 1.2521
The intermediate-term trend has been UP since Jun 1st, 2021 at 1.8001
The short-term trend has been UP since Jun 21st, 2021 at 1.8298
Smart Scan Analysis for RB.Z22
Based on our trend formula, RB.Z22 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).