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Future Trend Analysis Report

Prepared for you on Wednesday, June 28, 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 negative trend to resume. Downtrend 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
47.45 47.45 47.45 47.76 -0.31
Entry Signal

MarketClub’s Trade Triangles for BZ.Z17.E

long term down The long term trend has been DOWN since Mar 8th, 2017 at 54.42

intermediate term down The intermediate term trend has been DOWN since Jun 7th, 2017 at 50.15

short term up The short term trend has been UP since Jun 27th, 2017 at 47.02

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
47.45 47.45 47.45 47.76 -0.31
Prev. Close Volume Bid Ask Time
47.35 186 2017-06-27 14:42:05
Contract High99.29Contract High Date2014-08-14
Contract Low38Contract Low Date2016-01-20
Estimated Volume3619Expiration2017-10-31
Open Time09:00Close Time14:30
Want to analyze CRUDE OIL BRENT LAST DAY Dec 2017 (E) BZ.Z17.E or another symbol? Try our Free Future Trend Analysis Report.