Future Trend Analysis Report
Prepared for you on Monday, November 23, 2020.
BRENT DATED FRONTLINE Nov 2020 (NYMEX:QFY.X20)
Long-Term Downtrend (-90) - QFY.X20 is in a strong downtrend that is likely to continue. While QFY.X20 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QFY.X20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QFY.X20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QFY.X20
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QFY.X20
Based on our trend formula, QFY.X20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).