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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.

NYMEX_QBZ.F24
Open High Low QBZ.F24 Price Change
82.87 84.71 82.67 82.69 -0.41
Entry Signal

MarketClub’s Trade Triangles for QBZ.F24

long term down The long-term trend has been DOWN since Nov 7th, 2023 at 81.18

intermediate term down The intermediate-term trend has been DOWN since Nov 7th, 2023 at 84.55

short term up 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).

-65
Smart Scan Analysis for QBZ.F24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
82.87 84.71 82.67 82.69 -0.41
Prev. Close Volume Bid Ask Time
82.83 826 2023-11-30 14:19:32
52wk High93.1652wk High Date2023-09-27
52wk Low70.1752wk Low Date2023-03-15
Volatility28.06Expiration2023-11-30
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