Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

CRUDE OIL BRENT LAST DAY May 2020 (NYMEX:BZ.K20)

Strong Downtrend (-100) - BZ.K20 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid BZ.K20?

MarketClub looks at technical strength and momentum to determine if the timing is right for BZ.K20.

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

NYMEX_BZ.K20
Open High Low BZ.K20 Price Change
22.96 23.86 22.58 22.74 -0.06
Entry Signal

MarketClub’s Trade Triangles for BZ.K20

long term down The long-term trend has been DOWN since Feb 2nd, 2020 at 55.83

intermediate term down The intermediate-term trend has been DOWN since Feb 26th, 2020 at 53.91

short term down The short-term trend has been DOWN since Mar 22nd, 2020 at 25.37

Smart Scan Analysis for BZ.K20

Based on our trend formula, BZ.K20 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for BZ.K20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.96 23.86 22.58 22.74 -0.06
Prev. Close Volume Bid Ask Time
22.72 399 2020-03-31 14:28:15
Contract High79.55Contract High Date2018-10-03
Contract Low60.01Contract Low Date2018-11-23
Expiration2020-03-31Open Time18:00
Close Time17:00
Get a free daily analysis and signals for CRUDE OIL BRENT LAST DAY May 2020 (BZ.K20) - Request Your Free Report.