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Future Trend Analysis Report

Prepared for you on Tuesday, August 3, 2021.

BRENT CRUDE OIL - PENULTIMATE FINANCIAL MAY 2023 (NYMEX:QBB.K23)

Long-Term Downtrend (-90) - QBB.K23 is in a strong downtrend that is likely to continue. While QBB.K23 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

NYMEX_QBB.K23
Open High Low QBB.K23 Price Change
66.57 66.57 66.57 66.57 0.00
Entry Signal

MarketClub’s Trade Triangles for QBB.K23

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.K23

Based on our trend formula, QBB.K23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QBB.K23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
66.57 66.57 66.57 66.57 0.00
Prev. Close Volume Bid Ask Time
66.57 0 2021-08-02 00:00:00
Volatility21.91Expiration2023-03-30
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