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.
MarketClub’s Trade Triangles for QBB.N23
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
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).