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Prepared for you on Sunday, August 7, 2022.

BRENT CRUDE OIL LAST DAY FEB 23/FEB 24 (NYMEX:QBZ.G23-QBZ.G24)

Strong Downtrend (-100) - QBZ.G23-QBZ.G24 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QBZ.G23-QBZ.G24 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QBZ.G23-QBZ.G24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QBZ.G23-QBZ.G24.

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

NYMEX_QBZ.G23-QBZ.G24
Open High Low QBZ.G23-QBZ.G24 Price Change
6.43 6.43 6.43 6.43 0.00
Entry Signal

MarketClub’s Trade Triangles for QBZ.G23-QBZ.G24

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 QBZ.G23-QBZ.G24

Based on our trend formula, QBZ.G23-QBZ.G24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QBZ.G23-QBZ.G24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.43 6.43 6.43 6.43 0.00
Prev. Close Volume Bid Ask Time
6.22 0 2022-08-04 00:00:00
Expiration2022-12-29
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