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Spread Trend Analysis Report

Prepared for you on Sunday, November 28, 2021.

CRUDE OIL BRENT LAST DAY Jan 2022/OQD Spread (NYMEX:BZ.F22_OQD.F22)

Long-Term Downtrend (-90) - BZ.F22_OQD.F22 is in a strong downtrend that is likely to continue. While BZ.F22_OQD.F22 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 BZ.F22_OQD.F22?

MarketClub looks at technical strength and momentum to determine if the timing is right for BZ.F22_OQD.F22.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_BZ.F22_OQD.F22
Open High Low BZ.F22_OQD.F22 Price Change
0.92 0.92 0.92 0.65 +0.22
Entry Signal

MarketClub’s Trade Triangles for BZ.F22_OQD.F22

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 BZ.F22_OQD.F22

Based on our trend formula, BZ.F22_OQD.F22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for BZ.F22_OQD.F22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.92 0.92 0.92 0.65 +0.22
Prev. Close Volume Bid Ask Time
0.92 2 2021-11-25 17:28:46
Open Time18:00Close Time17:00
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