Future Trend Analysis Report
Prepared for you on Tuesday, April 13, 2021.
WTI HOUSTON VS. DATED BRENT CAL MONTH Nov 2024 (NYMEX:QHDB.X24)
Long-Term Downtrend (-90) - QHDB.X24 is in a strong downtrend that is likely to continue. While QHDB.X24 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 QHDB.X24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QHDB.X24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QHDB.X24
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.X24
Based on our trend formula, QHDB.X24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).