Future Trend Analysis Report
Prepared for you on Saturday, June 25, 2022.
RBOB GASOLINE VS EUROBOB NON-OXY NWE AUGUST 2024 (NYMEX:QRGF.Q24)
Bear Market Rally (-75) - QRGF.Q24 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QRGF.Q24 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QRGF.Q24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QRGF.Q24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QRGF.Q24
The long-term trend has been DOWN since Aug 20th, 2021 at 0.16255
The intermediate-term trend has been DOWN since Sep 21st, 2021 at 0.17676
The short-term trend has been UP since Oct 4th, 2021 at 0.14502
Smart Scan Analysis for QRGF.Q24
Based on our trend formula, QRGF.Q24 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).