Future Trend Analysis Report
Prepared for you on Thursday, July 7, 2022.
BRENT DUBAI Jun 2022 (NYMEX:QDB.M22)
Bull Market Weakness (+75) - QDB.M22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QDB.M22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QDB.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QDB.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QDB.M22
The long-term trend has been UP since Feb 19th, 2021 at 1.357
The intermediate-term trend has been UP since Oct 1st, 2021 at 2.383
The short-term trend has been UP since Oct 1st, 2021 at 2.265
Smart Scan Analysis for QDB.M22
Based on our trend formula, QDB.M22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).