Future Trend Analysis Report
Prepared for you on Friday, July 1, 2022.
BRENT CRUDE OIL - PENULTIMATE FINANCIAL Jun 2023 (NYMEX:QBB.M23)
Countertrend Up (+85) - QBB.M23 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QBB.M23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBB.M23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QBB.M23
The long-term trend has been UP since Jan 8th, 2021 at 50.34
The intermediate-term trend has been UP since Aug 30th, 2021 at 64.90
The short-term trend has been UP since Sep 10th, 2021 at 65.29
Smart Scan Analysis for QBB.M23
Based on our trend formula, QBB.M23 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).