Future Trend Analysis Report
Prepared for you on Wednesday, February 21, 2018.
CRUDE OIL BRENT LAST DAY Apr 2018 (E) (NYMEX:BZ.J18.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.
MarketClub’s Trade Triangles for BZ.J18.E
The long term trend has been UP since Sep 5th, 2017 at 53.19
The intermediate term trend has been DOWN since Feb 5th, 2018 at 67.79
The short term trend has been DOWN since Feb 21st, 2018 at 64.78
Smart Scan Analysis for BZ.J18.E
Based on a pre-defined weighted trend formula for chart analysis, BZ.J18.E scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||65.83||Contract High Date||2018-02-20|
|Contract Low||64.78||Contract Low Date||2018-02-20|
|Open Time||09:00||Close Time||14:30|