Futopt Trend Analysis Report
Prepared for you on Thursday, August 5, 2021.
BRENT CRUDE OIL LAST DAY DECEMBER 2021 CALL 10900 (NYMEX:QBZ.Z21.10900C)
Long-Term Downtrend (-90) - QBZ.Z21.10900C is in a strong downtrend that is likely to continue. While QBZ.Z21.10900C 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.Z21.10900C?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBZ.Z21.10900C.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QBZ.Z21.10900C
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.Z21.10900C
Based on our trend formula, QBZ.Z21.10900C is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).