Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Friday, June 5, 2020.

CRUDE OIL BRENT LAST DAY Nov 2020 (NYMEX:BZ.X20)

Bull Market Weakness (+75) - BZ.X20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BZ.X20 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid BZ.X20?

MarketClub looks at technical strength and momentum to determine if the timing is right for BZ.X20.

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

NYMEX_BZ.X20
Open High Low BZ.X20 Price Change
41.38 42.51 41.38 42.39 +1.70
Entry Signal

MarketClub’s Trade Triangles for BZ.X20

long term down The long-term trend has been DOWN since Feb 3rd, 2020 at 59.45

intermediate term up The intermediate-term trend has been UP since May 18th, 2020 at 34.65

short term up The short-term trend has been UP since Jun 1st, 2020 at 38.36

Smart Scan Analysis for BZ.X20

Based on our trend formula, BZ.X20 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for BZ.X20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
41.38 42.51 41.38 42.39 +1.70
Prev. Close Volume Bid Ask Time
36.18 3709 2020-06-05 10:46:19
Contract High77.19Contract High Date2018-10-03
Contract Low59.9Contract Low Date2018-11-23
Expiration2020-09-30Open Time09:00
Close Time14:30
Get a free daily analysis and signals for CRUDE OIL BRENT LAST DAY Nov 2020 (BZ.X20) - Request Your Free Report.