Future Trend Analysis Report
Prepared for you on Saturday, December 4, 2021.
CRUDE OIL BRENT LAST DAY Feb 2022 (NYMEX:BZ.G22)
Bear Market Rally (-75) - BZ.G22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BZ.G22 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid BZ.G22?
MarketClub looks at technical strength and momentum to determine if the timing is right for BZ.G22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BZ.G22
The long-term trend has been DOWN since Dec 1st, 2021 at 69.14
The intermediate-term trend has been DOWN since Nov 3rd, 2021 at 80.76
The short-term trend has been UP since Dec 3rd, 2021 at 71.10
Smart Scan Analysis for BZ.G22
Based on our trend formula, BZ.G22 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).