Future Trend Analysis Report
Prepared for you on Tuesday, April 13, 2021.
CRUDE OIL BRENT LAST DAY Jun 2021 (NYMEX:BZ.M21)
Bull Market Weakness (+75) - BZ.M21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BZ.M21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid BZ.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for BZ.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BZ.M21
The long-term trend has been UP since Nov 24th, 2020 at 48.38
The intermediate-term trend has been DOWN since Mar 23rd, 2021 at 61.87
The short-term trend has been UP since Apr 8th, 2021 at 63.08
Smart Scan Analysis for BZ.M21
Based on our trend formula, BZ.M21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Contract High||74.82||Contract High Date||2018-10-09|
|Contract Low||59.89||Contract Low Date||2018-11-23|