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Future Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

CRUDE OIL BRENT LAST DAY Mar 2023 (NYMEX:BZ.H23)

Bear Market Rally (-75) - BZ.H23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BZ.H23 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid BZ.H23?

MarketClub looks at technical strength and momentum to determine if the timing is right for BZ.H23.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_BZ.H23
Open High Low BZ.H23 Price Change
92.97 92.97 92.29 92.98 -1.41
Entry Signal

MarketClub’s Trade Triangles for BZ.H23

long term down The long-term trend has been DOWN since Jul 5th, 2022 at 93.52

intermediate term down The intermediate-term trend has been DOWN since Jun 22nd, 2022 at 99.70

short term up The short-term trend has been UP since Aug 12th, 2022 at 92.17

Smart Scan Analysis for BZ.H23

Based on our trend formula, BZ.H23 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for BZ.H23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
92.97 92.97 92.29 92.98 -1.41
Prev. Close Volume Bid Ask Time
92.86 1959 2022-08-12 12:45:37
Expiration2023-01-31Open Time18:00
Close Time17:00
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