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Future Trend Analysis Report

Prepared for you on Monday, April 6, 2020.

CRUDE OIL BRENT LAST DAY Jun 2020 (NYMEX:BZ.M20)

Sidelines Mode (-55) - BZ.M20 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid BZ.M20?

MarketClub looks at technical strength and momentum to determine if the timing is right for BZ.M20.

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

NYMEX_BZ.M20
Open High Low BZ.M20 Price Change
31.25 34.23 30.55 33.22 -1.56
Entry Signal

MarketClub’s Trade Triangles for BZ.M20

long term down The long-term trend has been DOWN since Feb 2nd, 2020 at 55.70

intermediate term down The intermediate-term trend has been DOWN since Feb 25th, 2020 at 54.34

short term up The short-term trend has been UP since Apr 2nd, 2020 at 27.60

Smart Scan Analysis for BZ.M20

Based on our trend formula, BZ.M20 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for BZ.M20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.25 34.23 30.55 33.22 -1.56
Prev. Close Volume Bid Ask Time
25.89 13356 2020-04-06 08:20:08
Contract High79.14Contract High Date2018-10-03
Contract Low60.01Contract Low Date2018-11-23
Expiration2020-04-30Open Time09:00
Close Time14:30
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