Future Trend Analysis Report
Prepared for you on Tuesday, May 11, 2021.
BRENT CRUDE OIL LAST DAY MAY 2023 (NYMEX:QBZ.K23)
Weak Downtrend (-65) - QBZ.K23 is showing signs of a strengthening downtrend. Monitor QBZ.K23 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QBZ.K23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBZ.K23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QBZ.K23
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QBZ.K23
Based on our trend formula, QBZ.K23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).