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Spread Trend Analysis Report

Prepared for you on Saturday, October 24, 2020.

CRUDE OIL BRENT LAST DAY Dec 2021/Jan 2022 Spread (NYMEX:BZ.Z21_F22)

Weak Downtrend (-65) - BZ.Z21_F22 is showing signs of a strengthening downtrend. Monitor BZ.Z21_F22 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid BZ.Z21_F22?

MarketClub looks at technical strength and momentum to determine if the timing is right for BZ.Z21_F22.

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

NYMEX_BZ.Z21_F22
Open High Low BZ.Z21_F22 Price Change
-0.11 -0.11 -0.11 -0.11 +0.04
Entry Signal

MarketClub’s Trade Triangles for BZ.Z21_F22

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.Z21_F22

Based on our trend formula, BZ.Z21_F22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for BZ.Z21_F22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.11 -0.11 -0.11 -0.11 +0.04
Prev. Close Volume Bid Ask Time
-0.15 2 2020-10-23 01:34:32
Open Time18:00Close Time17:00
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