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Spread Trend Analysis Report

Prepared for you on Saturday, September 21, 2019.

CRUDE OIL BRENT LAST DAY Feb 2020/Jul 2020 Spread (NYMEX:BZ.G20_N20)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYMEX_BZ.G20_N20
Open High Low BZ.G20_N20 Price Change
1.97 1.99 1.90 1.90 -0.06
Entry Signal

MarketClub’s Trade Triangles for BZ.G20_N20

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.G20_N20

Based on a pre-defined weighted trend formula for chart analysis, BZ.G20_N20 scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-80
Smart Scan Analysis for BZ.G20_N20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.97 1.99 1.90 1.90 -0.06
Prev. Close Volume Bid Ask Time
1.97 10 2019-09-20 14:20:01
Open Time18:00Close Time17:00
Want to analyze CRUDE OIL BRENT LAST DAY Feb 2020/Jul 2020 Spread BZ.G20_N20 or another symbol? Try our Free Spread Trend Analysis Report.