Future Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
BRENT CRUDE OIL - PENULTIMATE FINANCIAL MAY 2023 (NYMEX:QBB.K23)
Strong Uptrend (+100) - QBB.K23 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QBB.K23 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid QBB.K23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBB.K23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QBB.K23
The long-term trend has been UP since Jan 8th, 2021 at 50.33
The intermediate-term trend has been UP since Aug 30th, 2021 at 65.13
The short-term trend has been UP since Sep 10th, 2021 at 65.56
Smart Scan Analysis for QBB.K23
Based on our trend formula, QBB.K23 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).