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Spread Trend Analysis Report

Prepared for you on Wednesday, October 21, 2020.

CRUDE OIL BRENT LAST DAY Jul 2021/Sep 2021 Spread (NYMEX:BZ.N21_U21)

Weak Downtrend (-65) - BZ.N21_U21 is showing signs of a strengthening downtrend. Monitor BZ.N21_U21 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid BZ.N21_U21?

MarketClub looks at technical strength and momentum to determine if the timing is right for BZ.N21_U21.

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

NYMEX_BZ.N21_U21
Open High Low BZ.N21_U21 Price Change
-0.34 -0.34 -0.36 -0.36 +0.14
Entry Signal

MarketClub’s Trade Triangles for BZ.N21_U21

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.N21_U21

Based on our trend formula, BZ.N21_U21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for BZ.N21_U21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.34 -0.34 -0.36 -0.36 +0.14
Prev. Close Volume Bid Ask Time
-0.50 10 2020-10-21 10:52:54
Open Time18:00Close Time17:00
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