Free Daily Analysis
Future Trend Analysis Report
Prepared for you on Tuesday, August 9, 2022.
BRENT DUBAI Aug 2022 (NYMEX:QDB.Q22)
Sidelines Mode (-55) - QDB.Q22 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QDB.Q22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QDB.Q22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for QDB.Q22
The long-term trend has been UP since Feb 18th, 2021 at 1.347
The intermediate-term trend has been DOWN since Aug 26th, 2021 at 2.513
The short-term trend has been UP since Sep 30th, 2021 at 2.237
Smart Scan Analysis for QDB.Q22
Based on our trend formula, QDB.Q22 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.95 | 0.95 | 0.95 | 0.95 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.68 | 0 | 2022-08-08 00:00:00 |
| Volatility | 205.75 | Expiration | 2022-08-31 |