Future Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
BRENT CRUDE OIL LAST DAY Jul 2020 (NYMEX:QBZ.N20)
Sidelines Mode (+55) - QBZ.N20 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.N20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBZ.N20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QBZ.N20
The long-term trend has been DOWN since Feb 3rd, 2020 at 55.59
The intermediate-term trend has been UP since May 15th, 2020 at 32.49
The short-term trend has been DOWN since May 22nd, 2020 at 34.37
Smart Scan Analysis for QBZ.N20
Based on our trend formula, QBZ.N20 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||66.9||52wk High Date||2020-01-07|
|52wk Low||20||52wk Low Date||2020-04-22|