Future Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
RBOB FINANCIAL Nov 2023 (NYMEX:QRT.X23)
Sidelines Mode (+55) - QRT.X23 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QRT.X23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QRT.X23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QRT.X23
The long-term trend has been DOWN since Aug 20th, 2021 at 1.6309
The intermediate-term trend has been UP since Aug 25th, 2021 at 1.7435
The short-term trend has been DOWN since Sep 20th, 2021 at 1.7843
Smart Scan Analysis for QRT.X23
Based on our trend formula, QRT.X23 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).