Future Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
BRENT DUBAI OCTOBER 2021 (NYMEX:QDB.V21)
Sidelines Mode (+50) - QDB.V21 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until QDB.V21 can gain momentum.
Is it time to buy, sell, or avoid QDB.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QDB.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QDB.V21
The long-term trend has been DOWN since Aug 12th, 2021 at 2.240
The intermediate-term trend has been UP since Sep 17th, 2021 at 2.007
The short-term trend has been UP since Sep 17th, 2021 at 1.921
Smart Scan Analysis for QDB.V21
Based on our trend formula, QDB.V21 is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).