Future Trend Analysis Report
Prepared for you on Thursday, May 25, 2017.
CRUDE OIL BRENT LAST DAY Aug 2017 (E) (NYMEX:BZ.Q17.E)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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.Q17.E
The long term trend has been DOWN since Mar 8th, 2017 at 55.23
The intermediate term trend has been UP since May 19th, 2017 at 53.24
The short term trend has been DOWN since May 25th, 2017 at 53.49
Smart Scan Analysis for BZ.Q17.E
Based on a pre-defined weighted trend formula for chart analysis, BZ.Q17.E scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||86.8||Contract High Date||2014-11-18|
|Contract Low||47.38||Contract Low Date||2017-05-05|
|Open Time||09:00||Close Time||14:30|