Future Trend Analysis Report
Prepared for you on Friday, January 22, 2021.
CRUDE OIL BRENT LAST DAY Dec 2021 (NYMEX:BZ.Z21)
Bull Market Weakness (+75) - BZ.Z21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BZ.Z21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid BZ.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for BZ.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BZ.Z21
The long-term trend has been UP since Dec 10th, 2020 at 49.08
The intermediate-term trend has been UP since Nov 16th, 2020 at 45.65
The short-term trend has been DOWN since Jan 22nd, 2021 at 53.41
Smart Scan Analysis for BZ.Z21
Based on our trend formula, BZ.Z21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Contract High||72.96||Contract High Date||2018-10-09|
|Contract Low||59.97||Contract Low Date||2018-11-23|