Future Trend Analysis Report
Prepared for you on Sunday, December 3, 2023.
BRENT CRUDE OIL LAST DAY JANUARY 2024 (NYMEX:QBZ.F24)
Weak Downtrend (-65) - QBZ.F24 is showing signs of a strengthening downtrend. Monitor QBZ.F24 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QBZ.F24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBZ.F24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QBZ.F24
The long-term trend has been DOWN since Nov 7th, 2023 at 81.18
The intermediate-term trend has been DOWN since Nov 7th, 2023 at 84.55
The short-term trend has been UP since Nov 29th, 2023 at 82.11
Smart Scan Analysis for QBZ.F24
Based on our trend formula, QBZ.F24 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||93.16||52wk High Date||2023-09-27|
|52wk Low||70.17||52wk Low Date||2023-03-15|