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Future Trend Analysis Report

Prepared for you on Thursday, July 7, 2022.

CRUDE OIL BRENT LAST DAY Aug 2022 (NYMEX:BZ.Q22)

Weak Downtrend (-65) - BZ.Q22 is showing signs of a strengthening downtrend. Monitor BZ.Q22 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid BZ.Q22?

MarketClub looks at technical strength and momentum to determine if the timing is right for BZ.Q22.

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

NYMEX_BZ.Q22
Open High Low BZ.Q22 Price Change
116.04 116.33 115.00 114.79 -0.56
Entry Signal

MarketClub’s Trade Triangles for BZ.Q22

long term up The long-term trend has been UP since Jan 6th, 2022 at 79.21

intermediate term down The intermediate-term trend has been DOWN since Jun 21st, 2022 at 111.72

short term down The short-term trend has been DOWN since Jun 30th, 2022 at 115.40

Smart Scan Analysis for BZ.Q22

Based on our trend formula, BZ.Q22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for BZ.Q22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
116.04 116.33 115.00 114.79 -0.56
Prev. Close Volume Bid Ask Time
115.17 187 2022-06-30 17:28:46
Expiration2022-06-30Open Time18:00
Close Time17:00
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