Future Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
CRUDE OIL BRENT LAST DAY Jan 2022 (NYMEX:BZ.F22)
Sidelines Mode (-55) - BZ.F22 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 DOWN since Mar 22nd, 2021 at 62.50
The short-term trend has been UP since Mar 26th, 2021 at 61.24
Smart Scan Analysis for BZ.F22
Based on our trend formula, BZ.F22 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).