Future Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
BRENT CRUDE OIL LAST DAY DECEMBER 2021 (NYMEX:QBZ.Z21)
Strong Uptrend (+100) - QBZ.Z21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QBZ.Z21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid QBZ.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBZ.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QBZ.Z21
The long-term trend has been UP since Dec 10th, 2020 at 49.08
The intermediate-term trend has been UP since Aug 30th, 2021 at 71.10
The short-term trend has been UP since Oct 3rd, 2021 at 79.41
Smart Scan Analysis for QBZ.Z21
Based on our trend formula, QBZ.Z21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||85.1||52wk High Date||2021-10-15|
|52wk Low||35.91||52wk Low Date||2020-04-22|