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Future Trend Analysis Report

Prepared for you on Tuesday, December 7, 2021.

WTI HOUSTON (ARGUS) VS. BRENT TRADE MO May 2023 (NYMEX:QWHB.K23)

Long-Term Downtrend (-90) - QWHB.K23 is in a strong downtrend that is likely to continue. While QWHB.K23 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QWHB.K23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QWHB.K23.

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NYMEX_QWHB.K23
Open High Low QWHB.K23 Price Change
-2.43 -2.43 -2.43 -2.43 0
Entry Signal

MarketClub’s Trade Triangles for QWHB.K23

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QWHB.K23

Based on our trend formula, QWHB.K23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QWHB.K23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-2.43 -2.43 -2.43 -2.43 0
Prev. Close Volume Bid Ask Time
-2.43 0 2021-12-06 00:00:00
Volatility50.83Expiration2023-04-25
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