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Spread Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
BRENT CRUDE OIL - PENULTIMATE FINANCIAL NOV 22/APR 24 (NYMEX:QBB.X22-QBB.J24)
Strong Downtrend (-100) - QBB.X22-QBB.J24 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QBB.X22-QBB.J24 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QBB.X22-QBB.J24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBB.X22-QBB.J24.
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 QBB.X22-QBB.J24
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 QBB.X22-QBB.J24
Based on our trend formula, QBB.X22-QBB.J24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.3 | 8.3 | 8.3 | 8.3 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9.1 | 0 | 2022-08-17 00:00:00 |
| Expiration | 2022-09-29 |