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Spread Trend Analysis Report
Prepared for you on Wednesday, July 6, 2022.
WTI BRENT CALENDAR MAY 23/JAN 24 (NYMEX:QBK.K23-QBK.F24)
Long-Term Downtrend (-90) - QBK.K23-QBK.F24 is in a strong downtrend that is likely to continue. While QBK.K23-QBK.F24 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 QBK.K23-QBK.F24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBK.K23-QBK.F24.
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 QBK.K23-QBK.F24
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 QBK.K23-QBK.F24
Based on our trend formula, QBK.K23-QBK.F24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.46 | 0.46 | 0.46 | 0.46 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.46 | 0 | 2022-07-05 00:00:00 |
| Expiration | 2023-05-31 |