Future Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
CRUDE OIL BRENT LAST DAY Feb 2024 (NYMEX:BZ.G24)
Countertrend Down (-85) - BZ.G24 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid BZ.G24?
MarketClub looks at technical strength and momentum to determine if the timing is right for BZ.G24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BZ.G24
The long-term trend has been DOWN since Nov 8th, 2023 at 80.74
The intermediate-term trend has been DOWN since Oct 2nd, 2023 at 88.49
The short-term trend has been UP since Nov 29th, 2023 at 81.90
Smart Scan Analysis for BZ.G24
Based on our trend formula, BZ.G24 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).