Future Trend Analysis Report
Prepared for you on Saturday, May 28, 2022.
BRENT CRUDE OIL LAST DAY JULY 2024 (NYMEX:QBZ.N24)
Countertrend Up (+85) - QBZ.N24 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QBZ.N24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBZ.N24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QBZ.N24
The long-term trend has been UP since Jan 11th, 2021 at 50.02
The intermediate-term trend has been UP since Sep 10th, 2021 at 61.96
The short-term trend has been UP since Sep 10th, 2021 at 61.96
Smart Scan Analysis for QBZ.N24
Based on our trend formula, QBZ.N24 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).