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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.

NYMEX_QBB.Z22-QBB.H23
Open High Low QBB.Z22-QBB.H23 Price Change
2.55 2.55 2.55 2.55 0.00
Entry Signal

MarketClub’s Trade Triangles for QBB.Z22-QBB.H23

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.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).

-100
Smart Scan Analysis for QBB.Z22-QBB.H23
Strong Downtrend Sideways 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
Expiration2022-10-28
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