Future Trend Analysis Report
Prepared for you on Thursday, June 4, 2020.
BRENT CRUDE OIL LAST DAY AUGUST 2020 (NYMEX:QBZ.Q20)
Bull Market Weakness (+75) - QBZ.Q20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QBZ.Q20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QBZ.Q20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBZ.Q20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QBZ.Q20
The long-term trend has been DOWN since Feb 2nd, 2020 at 55.81
The intermediate-term trend has been UP since May 17th, 2020 at 33.46
The short-term trend has been UP since May 15th, 2020 at 32.20
Smart Scan Analysis for QBZ.Q20
Based on our trend formula, QBZ.Q20 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||66.66||52wk High Date||2020-01-07|
|52wk Low||22.5||52wk Low Date||2020-04-22|