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Future Trend Analysis Report

Prepared for you on Monday, July 6, 2020.

BRENT CRUDE OIL LAST DAY JUNE 2023 (NYMEX:QBZ.M23)

Long-Term Downtrend (-90) - QBZ.M23 is in a strong downtrend that is likely to continue. While QBZ.M23 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QBZ.M23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QBZ.M23.

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

NYMEX_QBZ.M23
Open High Low QBZ.M23 Price Change
47.91 47.91 47.91 47.91 0.00
Entry Signal

MarketClub’s Trade Triangles for QBZ.M23

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QBZ.M23

Based on our trend formula, QBZ.M23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QBZ.M23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
47.91 47.91 47.91 47.91 0.00
Prev. Close Volume Bid Ask Time
47.91 0 39.05 49.03 2020-07-02 00:00:00
Volatility32.89Expiration2023-04-28
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