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.
MarketClub’s Trade Triangles for BZ.Q21
The long-term trend has been UP since Nov 23rd, 2020 at 45.56
The intermediate-term trend has been UP since May 27th, 2021 at 69.45
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).