Future Trend Analysis Report
Prepared for you on Thursday, December 3, 2020.
BRENT CRUDE OIL LAST DAY Jan 2021 (NYMEX:QBZ.F21)
Bull Market Weakness (+75) - QBZ.F21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QBZ.F21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QBZ.F21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBZ.F21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QBZ.F21
The long-term trend has been UP since Nov 24th, 2020 at 47.23
The intermediate-term trend has been UP since Nov 10th, 2020 at 43.67
The short-term trend has been DOWN since Nov 30th, 2020 at 47.36
Smart Scan Analysis for QBZ.F21
Based on our trend formula, QBZ.F21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||57.9||52wk High Date||2020-02-20|
|52wk Low||31.84||52wk Low Date||2020-04-27|