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Future Trend Analysis Report
Prepared for you on Monday, May 16, 2022.
MINI BRENT FINANCIAL FUTURES May 2022 (NYMEX:QMBC.K22)
Long-Term Uptrend (+90) - QMBC.K22 is in a strong uptrend that is likely to continue. While QMBC.K22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid QMBC.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMBC.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for QMBC.K22
The long-term trend has been UP since Dec 16th, 2020 at 49.68
The intermediate-term trend has been UP since Aug 30th, 2021 at 68.07
The short-term trend has been UP since Sep 10th, 2021 at 68.57
Smart Scan Analysis for QMBC.K22
Based on our trend formula, QMBC.K22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 107.49 | 107.49 | 107.49 | 107.49 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 107.49 | 0 | 2022-05-13 00:00:00 |
| Volatility | 51.46 | Expiration | 2022-05-31 |