Future Trend Analysis Report
Prepared for you on Monday, November 29, 2021.
MINI BRENT FINANCIAL FUTURES NOVEMBER 2021 (NYMEX:QMBC.X21)
Countertrend Up (+85) - QMBC.X21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QMBC.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMBC.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMBC.X21
The long-term trend has been UP since Dec 10th, 2020 at 48.83
The intermediate-term trend has been UP since Aug 30th, 2021 at 70.45
The short-term trend has been UP since Sep 10th, 2021 at 71.11
Smart Scan Analysis for QMBC.X21
Based on our trend formula, QMBC.X21 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).