Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Friday, May 20, 2022.

BRENT CRUDE OIL - PENULTIMATE FINANCIAL JULY 2022 (NYMEX:QBB.N22)

Long-Term Uptrend (+90) - QBB.N22 is in a strong uptrend that is likely to continue. While QBB.N22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid QBB.N22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QBB.N22.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QBB.N22
Open High Low QBB.N22 Price Change
109.11 109.11 109.11 109.11 0.00
Entry Signal

MarketClub’s Trade Triangles for QBB.N22

long term up The long-term trend has been UP since Dec 16th, 2020 at 49.67

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2021 at 68.08

short term up The short-term trend has been UP since Sep 10th, 2021 at 68.59

Smart Scan Analysis for QBB.N22

Based on our trend formula, QBB.N22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for QBB.N22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
109.11 109.11 109.11 109.11 0.00
Prev. Close Volume Bid Ask Time
109.11 0 2022-05-19 00:00:00
Volatility53.26Expiration2022-05-27
Get a free daily analysis and signals for BRENT CRUDE OIL - PENULTIMATE FINANCIAL JULY 2022 (QBB.N22) - Request Your Free Report.