Future Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
BRENT CRUDE OIL - PENULTIMATE FINANCIAL Jan 2028 (NYMEX:QBB.F28)
Bull Market Weakness (+75) - QBB.F28 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QBB.F28 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QBB.F28?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBB.F28.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QBB.F28
The long-term trend has been UP since Oct 4th, 2021 at 59.55
The intermediate-term trend has been UP since Sep 27th, 2021 at 57.50
The short-term trend has been UP since Sep 27th, 2021 at 57.50
Smart Scan Analysis for QBB.F28
Based on our trend formula, QBB.F28 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).