Future Trend Analysis Report
Prepared for you on Friday, March 5, 2021.
CRUDE OIL BRENT LAST DAY Apr 2021 (NYMEX:BZ.J21)
Strong Uptrend (+100) - BZ.J21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, BZ.J21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid BZ.J21?
MarketClub looks at technical strength and momentum to determine if the timing is right for BZ.J21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BZ.J21
The long-term trend has been UP since Nov 25th, 2020 at 47.88
The intermediate-term trend has been UP since Nov 10th, 2020 at 44.30
The short-term trend has been UP since Feb 22nd, 2021 at 63.93
Smart Scan Analysis for BZ.J21
Based on our trend formula, BZ.J21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).