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Spread Trend Analysis Report
Prepared for you on Sunday, August 7, 2022.
BRENT CRUDE OIL - PENULTIMATE FINANCIAL DEC 22/MAR 23 (NYMEX:QBB.Z22-QBB.H23)
Strong Downtrend (-100) - QBB.Z22-QBB.H23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QBB.Z22-QBB.H23 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QBB.Z22-QBB.H23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBB.Z22-QBB.H23.
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.Z22-QBB.H23
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.Z22-QBB.H23
Based on our trend formula, QBB.Z22-QBB.H23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.55 | 2.55 | 2.55 | 2.55 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.56 | 0 | 2022-08-04 00:00:00 |
| Expiration | 2022-10-28 |