Spread Trend Analysis Report
Prepared for you on Saturday, June 25, 2022.
WTI BRENT CALENDAR DEC 23/MAY 24 (NYMEX:QBK.Z23-QBK.K24)
Strong Downtrend (-100) - QBK.Z23-QBK.K24 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QBK.Z23-QBK.K24 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QBK.Z23-QBK.K24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBK.Z23-QBK.K24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QBK.Z23-QBK.K24
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.Z23-QBK.K24
Based on our trend formula, QBK.Z23-QBK.K24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).