Free Daily Analysis

Spread Trend Analysis Report

Prepared for you on Wednesday, July 6, 2022.

BRENT CRUDE OIL - PENULTIMATE FINANCIAL AUG 22/OCT 23 (NYMEX:QBB.Q22-QBB.V23)

Long-Term Downtrend (-90) - QBB.Q22-QBB.V23 is in a strong downtrend that is likely to continue. While QBB.Q22-QBB.V23 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 QBB.Q22-QBB.V23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QBB.Q22-QBB.V23.

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

NYMEX_QBB.Q22-QBB.V23
Open High Low QBB.Q22-QBB.V23 Price Change
22.74 22.74 22.74 22.74 0.00
Entry Signal

MarketClub’s Trade Triangles for QBB.Q22-QBB.V23

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 QBB.Q22-QBB.V23

Based on our trend formula, QBB.Q22-QBB.V23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QBB.Q22-QBB.V23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.74 22.74 22.74 22.74 0.00
Prev. Close Volume Bid Ask Time
22.74 0 2022-06-28 00:00:00
Expiration2022-06-29
Get a free daily analysis and signals for BRENT CRUDE OIL - PENULTIMATE FINANCIAL AUG 22/OCT 23 (QBB.Q22-QBB.V23) - Request Your Free Report.