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Future Trend Analysis Report

Prepared for you on Wednesday, September 23, 2020.

BRENT CRUDE OIL - PENULTIMATE FINANCIAL Nov 2020 (NYMEX:QBB.X20)

Long-Term Downtrend (-90) - QBB.X20 is in a strong downtrend that is likely to continue. While QBB.X20 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.X20?

MarketClub looks at technical strength and momentum to determine if the timing is right for QBB.X20.

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

NYMEX_QBB.X20
Open High Low QBB.X20 Price Change
41.44 41.44 41.44 41.44 0.00
Entry Signal

MarketClub’s Trade Triangles for QBB.X20

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.X20

Based on our trend formula, QBB.X20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QBB.X20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
41.44 41.44 41.44 41.44 0.00
Prev. Close Volume Bid Ask Time
41.44 0 2020-09-22 00:00:00
Volatility34.43Expiration2020-09-29
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