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Future Trend Analysis Report

Prepared for you on Thursday, August 6, 2020.

RBOB GASOLINE OCTOBER 2020 (NYMEX:QRB.V20)

Weak Downtrend (-65) - QRB.V20 is showing signs of a strengthening downtrend. Monitor QRB.V20 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QRB.V20?

MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.V20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QRB.V20
Open High Low QRB.V20 Price Change
1.1532 1.1790 1.1454 1.1657 +0.0120
Entry Signal

MarketClub’s Trade Triangles for QRB.V20

long term down The long-term trend has been DOWN since Feb 3rd, 2020 at 1.4429

intermediate term down The intermediate-term trend has been DOWN since Aug 2nd, 2020 at 1.1052

short term up The short-term trend has been UP since Aug 4th, 2020 at 1.1393

Smart Scan Analysis for QRB.V20

Based on our trend formula, QRB.V20 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for QRB.V20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1532 1.1790 1.1454 1.1657 +0.0120
Prev. Close Volume Bid Ask Time
1.1537 29112 1.1656 1.1657 2020-08-06 15:24:40
52wk High1.73652wk High Date2020-01-07
52wk Low0.600252wk Low Date2020-04-22
Volatility59.99Expiration2020-09-30
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