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.
MarketClub’s Trade Triangles for QBB.F24
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
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).