Future Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
BRENT CRUDE OIL - PENULTIMATE FINANCIAL Aug 2022 (NYMEX:QBB.Q22)
Strong Uptrend (+100) - QBB.Q22 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QBB.Q22 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid QBB.Q22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBB.Q22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QBB.Q22
The long-term trend has been UP since Dec 17th, 2020 at 49.79
The intermediate-term trend has been UP since Aug 27th, 2021 at 67.74
The short-term trend has been UP since Sep 10th, 2021 at 68.25
Smart Scan Analysis for QBB.Q22
Based on our trend formula, QBB.Q22 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).