Future Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
BRENT CRUDE OIL - PENULTIMATE FINANCIAL Sep 2026 (NYMEX:QBB.U26)
Bull Market Weakness (+75) - QBB.U26 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QBB.U26 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QBB.U26?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBB.U26.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QBB.U26
The long-term trend has been UP since Feb 2nd, 2021 at 50.61
The intermediate-term trend has been UP since Sep 27th, 2021 at 58.23
The short-term trend has been UP since Sep 10th, 2021 at 58.09
Smart Scan Analysis for QBB.U26
Based on our trend formula, QBB.U26 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).