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Prepared for you on Thursday, July 2, 2020.

BRENT CRUDE OIL LAST DAY MAR 24/APR 27 (NYMEX:QBZ.H24-QBZ.J27)

Long-Term Downtrend (-90) - QBZ.H24-QBZ.J27 is in a strong downtrend that is likely to continue. While QBZ.H24-QBZ.J27 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.H24-QBZ.J27?

MarketClub looks at technical strength and momentum to determine if the timing is right for QBZ.H24-QBZ.J27.

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

NYMEX_QBZ.H24-QBZ.J27
Open High Low QBZ.H24-QBZ.J27 Price Change
-4.3 -4.3 -4.3 -4.3 0.0
Entry Signal

MarketClub’s Trade Triangles for QBZ.H24-QBZ.J27

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.H24-QBZ.J27

Based on our trend formula, QBZ.H24-QBZ.J27 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QBZ.H24-QBZ.J27
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-4.3 -4.3 -4.3 -4.3 0.0
Prev. Close Volume Bid Ask Time
-4.3 0 2020-07-01 00:00:00
Expiration2024-01-31
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