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Future Trend Analysis Report

Prepared for you on Sunday, June 4, 2023.

BRENT CRUDE OIL - PENULTIMATE FINANCIAL Jul 2023 (NYMEX:QBB.N23)

Strong Downtrend (-100) - QBB.N23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QBB.N23 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QBB.N23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QBB.N23.

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

NYMEX_QBB.N23
Open High Low QBB.N23 Price Change
73.54 73.54 73.54 73.54 0.00
Entry Signal

MarketClub’s Trade Triangles for QBB.N23

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.N23

Based on our trend formula, QBB.N23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QBB.N23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
73.54 73.54 73.54 73.54 0.00
Prev. Close Volume Bid Ask Time
73.54 0 2023-06-01 00:00:00
Volatility32.44Expiration2023-05-30
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