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Future Trend Analysis Report

Prepared for you on Saturday, June 12, 2021.

BRENT CRUDE OIL LAST DAY AUGUST 2021 (NYMEX:QBZ.Q21)

Long-Term Uptrend (+90) - QBZ.Q21 is in a strong uptrend that is likely to continue. While QBZ.Q21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid QBZ.Q21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QBZ.Q21.

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

NYMEX_QBZ.Q21
Open High Low QBZ.Q21 Price Change
72.39 73.08 71.88 72.63 +0.11
Entry Signal

MarketClub’s Trade Triangles for QBZ.Q21

long term up The long-term trend has been UP since Nov 25th, 2020 at 48.66

intermediate term up The intermediate-term trend has been UP since Apr 14th, 2021 at 64.34

short term up The short-term trend has been UP since May 24th, 2021 at 68.39

Smart Scan Analysis for QBZ.Q21

Based on our trend formula, QBZ.Q21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for QBZ.Q21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
72.39 73.08 71.88 72.63 +0.11
Prev. Close Volume Bid Ask Time
72.52 35478 72.60 72.63 2021-06-11 16:56:52
52wk High73.0852wk High Date2021-06-11
52wk Low37.552wk Low Date2020-05-11
Volatility31.24Expiration2021-06-30
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