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Future Trend Analysis Report

Prepared for you on Sunday, June 16, 2019.

CRUDE OIL BRENT LAST DAY Dec 2019 (NYMEX:BZ.Z19)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYMEX_BZ.Z19
Open High Low BZ.Z19 Price Change
59.87 60.19 59.15 59.85 +0.34
Entry Signal

MarketClub’s Trade Triangles for BZ.Z19

long term down The long term trend has been DOWN since May 31st, 2019 at 60.48

intermediate term down The intermediate term trend has been DOWN since May 2nd, 2019 at 68.22

short term down The short term trend has been DOWN since Jun 12th, 2019 at 60.10

Smart Scan Analysis for BZ.Z19

Based on a pre-defined weighted trend formula for chart analysis, BZ.Z19 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for BZ.Z19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
59.87 60.19 59.15 59.85 +0.34
Prev. Close Volume Bid Ask Time
66.06 10873 2019-06-14 16:53:57
Contract High81.58Contract High Date2018-10-03
Contract Low59.86Contract Low Date2018-11-23
Estimated Volume2Expiration2019-10-31
Open Time09:00Close Time14:30
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