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Spread Trend Analysis Report

Prepared for you on Friday, May 27, 2022.

CRUDE OIL BRENT LAST DAY Jul 2022/Jan 2023 Spread (NYMEX:BZ.N22_F23)

Long-Term Downtrend (-90) - BZ.N22_F23 is in a strong downtrend that is likely to continue. While BZ.N22_F23 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.N22_F23?

MarketClub looks at technical strength and momentum to determine if the timing is right for BZ.N22_F23.

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

NYMEX_BZ.N22_F23
Open High Low BZ.N22_F23 Price Change
13.06 13.09 13.06 13.65 +0.52
Entry Signal

MarketClub’s Trade Triangles for BZ.N22_F23

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.N22_F23

Based on our trend formula, BZ.N22_F23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for BZ.N22_F23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.06 13.09 13.06 13.65 +0.52
Prev. Close Volume Bid Ask Time
13.09 4 2022-05-26 09:08:26
Open Time18:00Close Time17:00
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