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Spread Trend Analysis Report

Prepared for you on Tuesday, July 23, 2019.

CRUDE OIL BRENT LAST DAY Aug 2020/Jun 2021 Spread (NYMEX:BZ.Q20_M21)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYMEX_BZ.Q20_M21
Open High Low BZ.Q20_M21 Price Change
1.50 1.50 1.50 1.50 -0.06
Entry Signal

MarketClub’s Trade Triangles for BZ.Q20_M21

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.Q20_M21

Based on a pre-defined weighted trend formula for chart analysis, BZ.Q20_M21 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for BZ.Q20_M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.50 1.50 1.50 1.50 -0.06
Prev. Close Volume Bid Ask Time
1.50 9 2019-07-18 10:28:36
Open Time18:00Close Time17:00
Want to analyze CRUDE OIL BRENT LAST DAY Aug 2020/Jun 2021 Spread BZ.Q20_M21 or another symbol? Try our Free Spread Trend Analysis Report.