Future Trend Analysis Report
Prepared for you on Monday, December 6, 2021.
WTI HOUSTON (ARGUS) VS. BRENT CAL MO Jan 2023 (NYMEX:QWBR.F23)
Bear Market Rally (-75) - QWBR.F23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QWBR.F23 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QWBR.F23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QWBR.F23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QWBR.F23
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 QWBR.F23
Based on our trend formula, QWBR.F23 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).