Future Trend Analysis Report
Prepared for you on Friday, December 3, 2021.
WTI HOUSTON (ARGUS) VS. BRENT CAL MO MAY 2022 (NYMEX:QWBR.K22)
Weak Downtrend (-65) - QWBR.K22 is showing signs of a strengthening downtrend. Monitor QWBR.K22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QWBR.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QWBR.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QWBR.K22
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.K22
Based on our trend formula, QWBR.K22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).