Future Trend Analysis Report
Prepared for you on Wednesday, April 21, 2021.
WTI HOUSTON VS. BRENT TRADE MONTH May 2021 (NYMEX:QHBR.K21)
Long-Term Downtrend (-90) - QHBR.K21 is in a strong downtrend that is likely to continue. While QHBR.K21 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 QHBR.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QHBR.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QHBR.K21
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 QHBR.K21
Based on our trend formula, QHBR.K21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).