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Future Trend Analysis Report

Prepared for you on Friday, August 12, 2022.

BRENT CRUDE OIL LAST DAY Jan 2023 (NYMEX:QBZ.F23)

Sidelines Mode (-55) - QBZ.F23 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid QBZ.F23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QBZ.F23.

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

NYMEX_QBZ.F23
Open High Low QBZ.F23 Price Change
94.00 95.24 94.00 95.24 +1.08
Entry Signal

MarketClub’s Trade Triangles for QBZ.F23

long term down The long-term trend has been DOWN since Jul 5th, 2022 at 93.91

intermediate term down The intermediate-term trend has been DOWN since Jun 22nd, 2022 at 102.65

short term up The short-term trend has been UP since Jul 18th, 2022 at 91.47

Smart Scan Analysis for QBZ.F23

Based on our trend formula, QBZ.F23 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for QBZ.F23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
94.00 95.24 94.00 95.24 +1.08
Prev. Close Volume Bid Ask Time
96.06 1077 95.21 95.26 2022-08-11 09:00:21
52wk High112.7552wk High Date2022-06-08
52wk Low66.6652wk Low Date2021-12-02
Volatility39.1Expiration2022-11-30
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