Analyze Symbol

Future Trend Analysis Report

Prepared for you on Wednesday, October 24, 2018.

CRUDE OIL BRENT LAST DAY Jan 2019 (E) (NYMEX:BZ.F19.E)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.F19.E
Open High Low BZ.F19.E Price Change
75.95 76.61 75.90 76.45 +0.30
Entry Signal

MarketClub’s Trade Triangles for BZ.F19.E

long term up The long term trend has been UP since Sep 1st, 2017 at 53.78

intermediate term down The intermediate term trend has been DOWN since Oct 18th, 2018 at 78.45

short term down The short term trend has been DOWN since Oct 11th, 2018 at 82.33

Smart Scan Analysis for BZ.F19.E

Based on a pre-defined weighted trend formula for chart analysis, BZ.F19.E scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for BZ.F19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
75.95 76.61 75.90 76.45 +0.30
Prev. Close Volume Bid Ask Time
79.68 1521 2018-10-24 00:21:39
Contract High86.25Contract High Date2018-10-03
Contract Low59.06Contract Low Date2015-11-17
Estimated Volume43284Expiration2018-11-30
Open Time18:00Close Time17:00
Want to analyze CRUDE OIL BRENT LAST DAY Jan 2019 (E) BZ.F19.E or another symbol? Try our Free Future Trend Analysis Report.