Future Trend Analysis Report
Prepared for you on Thursday, June 8, 2023.
CRUDE OIL BRENT LAST DAY (TAS) Jul 2023 (NYMEX:BZT.N23)
Countertrend Up (+85) - BZT.N23 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid BZT.N23?
MarketClub looks at technical strength and momentum to determine if the timing is right for BZT.N23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BZT.N23
The long-term trend has been UP since Apr 14th, 2023 at 0.25
The intermediate-term trend has been UP since May 16th, 2023 at 0.25
The short-term trend has been UP since May 25th, 2023 at 0.50
Smart Scan Analysis for BZT.N23
Based on our trend formula, BZT.N23 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).