Future Trend Analysis Report
Prepared for you on Sunday, August 1, 2021.
BRENT CRUDE OIL LAST DAY SEPTEMBER 2021 (NYMEX:QBZ.U21)
Bull Market Weakness (+75) - QBZ.U21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QBZ.U21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QBZ.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBZ.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QBZ.U21
The long-term trend has been UP since Dec 4th, 2020 at 48.49
The intermediate-term trend has been DOWN since Jul 19th, 2021 at 72.34
The short-term trend has been UP since Jul 22nd, 2021 at 72.30
Smart Scan Analysis for QBZ.U21
Based on our trend formula, QBZ.U21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||77.83||52wk High Date||2021-07-06|
|52wk Low||37.27||52wk Low Date||2020-04-21|