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Future Trend Analysis Report

Prepared for you on Thursday, August 17, 2017.

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

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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
50.18 50.57 49.82 50.57 +0.50
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 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 Aug 10th, 2017 at 51.74

Smart Scan Analysis for BZ.Z17.E

Based on a pre-defined weighted trend formula for chart analysis, BZ.Z17.E scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for BZ.Z17.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
50.18 50.57 49.82 50.57 +0.50
Prev. Close Volume Bid Ask Time
50.12 11701 2017-08-17 11:01:38
Contract High99.29Contract High Date2014-08-14
Contract Low38Contract Low Date2016-01-20
Estimated Volume7309Expiration2017-10-31
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.