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Future Trend Analysis Report

Prepared for you on Thursday, December 7, 2023.

BRENT CRUDE OIL - PENULTIMATE FINANCIAL Jan 2024 (NYMEX:QBB.F24)

Strong Downtrend (-100) - QBB.F24 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QBB.F24 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QBB.F24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QBB.F24.

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

NYMEX_QBB.F24
Open High Low QBB.F24 Price Change
83.1 83.1 83.1 83.1 0.0
Entry Signal

MarketClub’s Trade Triangles for QBB.F24

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QBB.F24

Based on our trend formula, QBB.F24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QBB.F24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
83.1 83.1 83.1 83.1 0.0
Prev. Close Volume Bid Ask Time
83.1 0 2023-12-01 00:00:00
Volatility28.05Expiration2023-11-29
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