Future Trend Analysis Report
Prepared for you on Friday, April 16, 2021.
WTI HOUSTON VS. DATED BRENT CAL MONTH Aug 2024 (NYMEX:QHDB.Q24)
Weak Downtrend (-65) - QHDB.Q24 is showing signs of a strengthening downtrend. Monitor QHDB.Q24 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QHDB.Q24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QHDB.Q24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QHDB.Q24
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 QHDB.Q24
Based on our trend formula, QHDB.Q24 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).