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Future Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

BRENT DATED FRONTLINE Aug 2024 (NYMEX:QFY.Q24)

Countertrend Up (+85) - QFY.Q24 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid QFY.Q24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QFY.Q24.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QFY.Q24
Open High Low QFY.Q24 Price Change
0.33 0.33 0.33 0.33 0.00
Entry Signal

MarketClub’s Trade Triangles for QFY.Q24

long term up The long-term trend has been UP since Jul 15th, 2021 at 0.02

intermediate term up The intermediate-term trend has been UP since Sep 22nd, 2021 at 0.11

short term up The short-term trend has been UP since Aug 24th, 2021 at 0.05

Smart Scan Analysis for QFY.Q24

Based on our trend formula, QFY.Q24 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for QFY.Q24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.33 0.33 0.33 0.33 0.00
Prev. Close Volume Bid Ask Time
0.33 0 2022-08-15 00:00:00
Volatility180.98Expiration2024-08-30
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