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Future Trend Analysis Report

Prepared for you on Saturday, August 18, 2018.

CRUDE OIL BRENT LAST DAY Nov 2018 (E) (NYMEX:BZ.X18.E)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.X18.E
Open High Low BZ.X18.E Price Change
71.60 72.72 71.60 72.07 +0.22
Entry Signal

MarketClub’s Trade Triangles for BZ.X18.E

long term down The long term trend has been DOWN since Aug 15th, 2018 at 71.06

intermediate term down The intermediate term trend has been DOWN since Jul 16th, 2018 at 72.81

short term down The short term trend has been DOWN since Aug 15th, 2018 at 71.38

Smart Scan Analysis for BZ.X18.E

Based on a pre-defined weighted trend formula for chart analysis, BZ.X18.E scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for BZ.X18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
71.60 72.72 71.60 72.07 +0.22
Prev. Close Volume Bid Ask Time
71.97 9959 2018-08-17 14:45:16
Contract High78.77Contract High Date2018-06-29
Contract Low54.13Contract Low Date2017-09-12
Estimated Volume5854Expiration2018-09-28
Open Time18:00Close Time17:15
Want to analyze CRUDE OIL BRENT LAST DAY Nov 2018 (E) BZ.X18.E or another symbol? Try our Free Future Trend Analysis Report.