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Future Trend Analysis Report

Prepared for you on Monday, November 12, 2018.

CRUDE OIL BRENT LAST DAY Nov 2019 (E) (NYMEX:BZ.X19.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.X19.E
Open High Low BZ.X19.E Price Change
72.46 72.65 72.46 70.59 -0.18
Entry Signal

MarketClub’s Trade Triangles for BZ.X19.E

long term up The long term trend has been UP since Aug 31st, 2017 at 54.28

intermediate term down The intermediate term trend has been DOWN since Oct 18th, 2018 at 76.84

short term down The short term trend has been DOWN since Oct 30th, 2018 at 75.41

Smart Scan Analysis for BZ.X19.E

Based on a pre-defined weighted trend formula for chart analysis, BZ.X19.E scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for BZ.X19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
72.46 72.65 72.46 70.59 -0.18
Prev. Close Volume Bid Ask Time
70.77 943 2018-11-09 14:50:46
Contract High77.34Contract High Date2018-10-11
Contract Low71.49Contract Low Date2018-11-02
Estimated Volume658Expiration2019-09-30
Open Time09:00Close Time14:30
Want to analyze CRUDE OIL BRENT LAST DAY Nov 2019 (E) BZ.X19.E or another symbol? Try our Free Future Trend Analysis Report.