Future Trend Analysis Report
Prepared for you on Sunday, August 1, 2021.
CRUDE OIL BRENT LAST DAY Sep 2021 (NYMEX:BZ.U21)
Bull Market Weakness (+75) - BZ.U21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BZ.U21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid BZ.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for BZ.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BZ.U21
The long-term trend has been UP since Dec 7th, 2020 at 48.32
The intermediate-term trend has been DOWN since Jul 16th, 2021 at 72.69
The short-term trend has been UP since Jul 22nd, 2021 at 72.30
Smart Scan Analysis for BZ.U21
Based on our trend formula, BZ.U21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).