Future Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
MINI BRENT FINANCIAL FUTURES JULY 2023 (NYMEX:QMBC.N23)
Bull Market Weakness (+75) - QMBC.N23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QMBC.N23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QMBC.N23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMBC.N23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMBC.N23
The long-term trend has been UP since Jan 8th, 2021 at 50.23
The intermediate-term trend has been UP since Sep 2nd, 2021 at 64.19
The short-term trend has been UP since Sep 10th, 2021 at 64.44
Smart Scan Analysis for QMBC.N23
Based on our trend formula, QMBC.N23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).