Free Daily Analysis
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.
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MarketClub’s Trade Triangles for BZ.N22_F23
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.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).
| 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 Time | 18:00 | Close Time | 17:00 |