Free Daily Analysis
Spread Trend Analysis Report
Prepared for you on Thursday, May 26, 2022.
CRUDE OIL BRENT LAST DAY Sep 2022/Jan 2023 Spread (NYMEX:BZ.U22_F23)
Long-Term Downtrend (-90) - BZ.U22_F23 is in a strong downtrend that is likely to continue. While BZ.U22_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.U22_F23?
MarketClub looks at technical strength and momentum to determine if the timing is right for BZ.U22_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.U22_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.U22_F23
Based on our trend formula, BZ.U22_F23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.45 | 7.45 | 7.44 | 7.22 | +0.05 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.44 | 4 | 2022-05-25 17:28:39 |
| Open Time | 18:00 | Close Time | 17:00 |