Future Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
BRENT CRUDE OIL LAST DAY AUGUST 2022 (NYMEX:QBZ.Q22)
Crossroads (-60) - QBZ.Q22 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QBZ.Q22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBZ.Q22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QBZ.Q22
The long-term trend has been UP since Jan 11th, 2022 at 79.86
The intermediate-term trend has been DOWN since Jun 20th, 2022 at 111.72
The short-term trend has been DOWN since Jun 10th, 2022 at 120.46
Smart Scan Analysis for QBZ.Q22
Based on our trend formula, QBZ.Q22 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||125.18||52wk High Date||2022-06-14|
|52wk Low||63.12||52wk Low Date||2021-08-19|