Future Trend Analysis Report
Prepared for you on Monday, August 2, 2021.
BRENT CRUDE OIL - PENULTIMATE FINANCIAL Sep 2028 (NYMEX:QBB.U28)
Long-Term Downtrend (-90) - QBB.U28 is in a strong downtrend that is likely to continue. While QBB.U28 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QBB.U28?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBB.U28.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QBB.U28
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.U28
Based on our trend formula, QBB.U28 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).