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Spread Trend Analysis Report

Prepared for you on Friday, January 21, 2022.

WTI BRENT CALENDAR JUN 22/NOV 22 (NYMEX:QBK.M22-QBK.X22)

Long-Term Downtrend (-90) - QBK.M22-QBK.X22 is in a strong downtrend that is likely to continue. While QBK.M22-QBK.X22 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.M22-QBK.X22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QBK.M22-QBK.X22.

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

NYMEX_QBK.M22-QBK.X22
Open High Low QBK.M22-QBK.X22 Price Change
0.53 0.53 0.53 0.53 0.00
Entry Signal

MarketClub’s Trade Triangles for QBK.M22-QBK.X22

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 QBK.M22-QBK.X22

Based on our trend formula, QBK.M22-QBK.X22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QBK.M22-QBK.X22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.53 0.53 0.53 0.53 0.00
Prev. Close Volume Bid Ask Time
0.60 0 2022-01-19 00:00:00
Expiration2022-06-30
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