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Prepared for you on Tuesday, July 7, 2020.

BRENT CRUDE OIL LAST DAY MAR 22/FEB 23 (NYMEX:QBZ.H22-QBZ.G23)

Long-Term Downtrend (-90) - QBZ.H22-QBZ.G23 is in a strong downtrend that is likely to continue. While QBZ.H22-QBZ.G23 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.H22-QBZ.G23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QBZ.H22-QBZ.G23.

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

NYMEX_QBZ.H22-QBZ.G23
Open High Low QBZ.H22-QBZ.G23 Price Change
-1.55 -1.55 -1.55 -1.55 0.00
Entry Signal

MarketClub’s Trade Triangles for QBZ.H22-QBZ.G23

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.H22-QBZ.G23

Based on our trend formula, QBZ.H22-QBZ.G23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QBZ.H22-QBZ.G23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-1.55 -1.55 -1.55 -1.55 0.00
Prev. Close Volume Bid Ask Time
-1.55 0 2020-07-06 00:00:00
Expiration2022-01-31
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