Future Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
BRENT DUBAI May 2022 (NYMEX:QDB.K22)
Crossroads (-60) - QDB.K22 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 QDB.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QDB.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QDB.K22
The long-term trend has been UP since Feb 19th, 2021 at 1.368
The intermediate-term trend has been DOWN since Aug 4th, 2021 at 2.521
The short-term trend has been DOWN since Sep 9th, 2021 at 2.352
Smart Scan Analysis for QDB.K22
Based on our trend formula, QDB.K22 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).