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Spread Trend Analysis Report

Prepared for you on Friday, January 21, 2022.

CRUDE OIL BRENT LAST DAY May 2022/Dec 2022 Spread (NYMEX:BZ.K22_Z22)

Bear Market Rally (-75) - BZ.K22_Z22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BZ.K22_Z22 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid BZ.K22_Z22?

MarketClub looks at technical strength and momentum to determine if the timing is right for BZ.K22_Z22.

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

NYMEX_BZ.K22_Z22
Open High Low BZ.K22_Z22 Price Change
5.38 5.55 5.16 5.20 -0.29
Entry Signal

MarketClub’s Trade Triangles for BZ.K22_Z22

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.K22_Z22

Based on our trend formula, BZ.K22_Z22 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for BZ.K22_Z22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.38 5.55 5.16 5.20 -0.29
Prev. Close Volume Bid Ask Time
5.16 60 2022-01-20 14:37:29
Open Time18:00Close Time17:00
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