Future Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
CRUDE OIL BRENT LAST DAY Jan 2022 (NYMEX:BZ.F22)
Countertrend Up (+85) - BZ.F22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid BZ.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for BZ.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BZ.F22
The long-term trend has been UP since May 5th, 2020 at 38.00
The intermediate-term trend has been UP since Aug 29th, 2021 at 70.09
The short-term trend has been DOWN since Oct 18th, 2021 at 83.50
Smart Scan Analysis for BZ.F22
Based on our trend formula, BZ.F22 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).