Future Trend Analysis Report
Prepared for you on Monday, October 14, 2019.
RBOB GASOLINE Nov 2019 (NYMEX:QRB.X19)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for QRB.X19
The long term trend has been UP since Sep 16th, 2019 at 1.7446
The intermediate term trend has been UP since Sep 5th, 2019 at 1.5590
The short term trend has been UP since Oct 9th, 2019 at 1.5973
Smart Scan Analysis for QRB.X19
Based on a pre-defined weighted trend formula for chart analysis, QRB.X19 scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2.08090000||52wk High Date||2018-10-03|
|52wk Low||1.32500000||52wk Low Date||2018-12-24|