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Future Trend Analysis Report

Prepared for you on Saturday, June 12, 2021.

CRUDE OIL BRENT LAST DAY Aug 2021 (NYMEX:BZ.Q21)

Long-Term Uptrend (+90) - BZ.Q21 is in a strong uptrend that is likely to continue. While BZ.Q21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid BZ.Q21?

MarketClub looks at technical strength and momentum to determine if the timing is right for BZ.Q21.

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

NYMEX_BZ.Q21
Open High Low BZ.Q21 Price Change
72.39 73.08 71.88 72.69 +0.28
Entry Signal

MarketClub’s Trade Triangles for BZ.Q21

long term up The long-term trend has been UP since Nov 23rd, 2020 at 45.56

intermediate term up The intermediate-term trend has been UP since May 27th, 2021 at 69.45

short term up The short-term trend has been UP since May 23rd, 2021 at 66.84

Smart Scan Analysis for BZ.Q21

Based on our trend formula, BZ.Q21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for BZ.Q21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
72.39 73.08 71.88 72.69 +0.28
Prev. Close Volume Bid Ask Time
72.60 35487 2021-06-11 16:58:54
Expiration2021-06-30Open Time09:00
Close Time14:30
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