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.
MarketClub’s Trade Triangles for QRB.V20
The long-term trend has been DOWN since Feb 3rd, 2020 at 1.4429
The intermediate-term trend has been DOWN since Aug 2nd, 2020 at 1.1052
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).
|52wk High||1.736||52wk High Date||2020-01-07|
|52wk Low||0.6002||52wk Low Date||2020-04-22|