Analyze Symbol

Future Trend Analysis Report

Prepared for you on Friday, October 20, 2017.

CRUDE OIL BRENT LAST DAY Dec 2017 (E) (NYMEX:BZ.Z17.E)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management 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.Z17.E
Open High Low BZ.Z17.E Price Change
57.29 57.54 56.60 57.30 +0.07
Entry Signal

MarketClub’s Trade Triangles for BZ.Z17.E

long term up The long term trend has been UP since Sep 5th, 2017 at 53.40

intermediate term up The intermediate term trend has been UP since Jul 3rd, 2017 at 50.12

short term down The short term trend has been DOWN since Oct 19th, 2017 at 57.12

Smart Scan Analysis for BZ.Z17.E

Based on a pre-defined weighted trend formula for chart analysis, BZ.Z17.E scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for BZ.Z17.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
57.29 57.54 56.60 57.30 +0.07
Prev. Close Volume Bid Ask Time
57.28 10458 2017-10-20 10:10:32
Contract High99.29Contract High Date2014-08-14
Contract Low38Contract Low Date2016-01-20
Estimated Volume10392Expiration2017-10-31
Open Time18:00Close Time17:00
Want to analyze CRUDE OIL BRENT LAST DAY Dec 2017 (E) BZ.Z17.E or another symbol? Try our Free Future Trend Analysis Report.