Free Daily Analysis
Spread Trend Analysis Report
Prepared for you on Thursday, July 2, 2020.
BRENT CRUDE OIL LAST DAY FEB 23/MAY 23 (NYMEX:QBZ.G23-QBZ.K23)
Long-Term Downtrend (-90) - QBZ.G23-QBZ.K23 is in a strong downtrend that is likely to continue. While QBZ.G23-QBZ.K23 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 QBZ.G23-QBZ.K23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBZ.G23-QBZ.K23.
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 QBZ.G23-QBZ.K23
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 QBZ.G23-QBZ.K23
Based on our trend formula, QBZ.G23-QBZ.K23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| -0.5 | -0.5 | -0.5 | -0.5 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| -0.5 | 0 | 2020-07-01 00:00:00 |
| Expiration | 2022-12-29 |