Future Trend Analysis Report
Prepared for you on Monday, November 23, 2020.
RBOB GASOLINE Dec 2020 (NYMEX:QRB.Z20)
Strong Uptrend (+100) - QRB.Z20 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QRB.Z20 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 QRB.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QRB.Z20
The long-term trend has been UP since Nov 11th, 2020 at 1.2253
The intermediate-term trend has been UP since Nov 9th, 2020 at 1.1773
The short-term trend has been UP since Nov 18th, 2020 at 1.1746
Smart Scan Analysis for QRB.Z20
Based on our trend formula, QRB.Z20 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1.7083||52wk High Date||2019-04-23|
|52wk Low||0.6255||52wk Low Date||2020-04-22|