Future Trend Analysis Report
Prepared for you on Saturday, May 28, 2022.
BRENT CRUDE OIL LAST DAY NOVEMBER 2022 (NYMEX:QBZ.X22)
Countertrend Up (+85) - QBZ.X22 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.X22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBZ.X22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QBZ.X22
The long-term trend has been UP since Jan 11th, 2022 at 77.91
The intermediate-term trend has been UP since Dec 27th, 2021 at 72.95
The short-term trend has been DOWN since Mar 28th, 2022 at 99.78
Smart Scan Analysis for QBZ.X22
Based on our trend formula, QBZ.X22 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||108.51||52wk High Date||2022-03-08|
|52wk Low||64.39||52wk Low Date||2021-12-02|