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Spread Trend Analysis Report

Prepared for you on Saturday, December 16, 2017.

CRUDE OIL BRENT LAST DAY Jul 2020/May 2021 Spread (NYMEX:BZ.N20_K21.E)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

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.

NYMEX_BZ.N20_K21.E
Open High Low BZ.N20_K21.E Price Change
0.69 0.69 0.69 0.69 -0.01
Entry Signal

MarketClub’s Trade Triangles for BZ.N20_K21.E

long term down The long term trend has been DOWN since at

intermediate term down The intermediate term trend has been DOWN since at

short term down The short term trend has been DOWN since at

Smart Scan Analysis for BZ.N20_K21.E

Based on a pre-defined weighted trend formula for chart analysis, BZ.N20_K21.E scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-80
Smart Scan Analysis for BZ.N20_K21.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.69 0.69 0.69 0.69 -0.01
Prev. Close Volume Bid Ask Time
0.69 0 2017-12-15 17:37:47
Contract High0.86Contract High Date2017-11-24
Contract Low-0.03Contract Low Date2017-10-19
Open Time18:00Close Time17:00
Want to analyze CRUDE OIL BRENT LAST DAY Jul 2020/May 2021 Spread BZ.N20_K21.E or another symbol? Try our Free Spread Trend Analysis Report.