Futopt Trend Analysis Report
Prepared for you on Friday, April 23, 2021.
BRENT CRUDE OIL LAST DAY AUGUST 2021 PUT 6550 (NYMEX:QBZ.Q21.6550P)
Long-Term Downtrend (-90) - QBZ.Q21.6550P is in a strong downtrend that is likely to continue. While QBZ.Q21.6550P is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QBZ.Q21.6550P?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBZ.Q21.6550P.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QBZ.Q21.6550P
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QBZ.Q21.6550P
Based on our trend formula, QBZ.Q21.6550P is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).