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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.

NYMEX_BZ.U22_F23
Open High Low BZ.U22_F23 Price Change
7.45 7.45 7.44 7.22 +0.05
Entry Signal

MarketClub’s Trade Triangles for BZ.U22_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.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).

-90
Smart Scan Analysis for BZ.U22_F23
Strong Downtrend Sideways 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 Time18:00Close Time17:00
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