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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.

NYMEX_BZ.F22
Open High Low BZ.F22 Price Change
84.38 84.87 82.95 84.82 +0.43
Entry Signal

MarketClub’s Trade Triangles for BZ.F22

long term up The long-term trend has been UP since May 5th, 2020 at 38.00

intermediate term up The intermediate-term trend has been UP since Aug 29th, 2021 at 70.09

short term down 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).

+85
Smart Scan Analysis for BZ.F22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
84.38 84.87 82.95 84.82 +0.43
Prev. Close Volume Bid Ask Time
84.39 11961 2021-10-20 13:20:00
Expiration2021-11-30Open Time09:00
Close Time14:30
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