Spread Trend Analysis Report
Prepared for you on Saturday, January 23, 2021.
CRUDE OIL BRENT LAST DAY Jun 2021/Jul 2021 Spread (NYMEX:BZ.M21_N21)
Bear Market Rally (-75) - BZ.M21_N21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BZ.M21_N21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid BZ.M21_N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for BZ.M21_N21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BZ.M21_N21
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 BZ.M21_N21
Based on our trend formula, BZ.M21_N21 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Open Time||18:00||Close Time||17:00|