Spread Trend Analysis Report
Prepared for you on Monday, July 6, 2020.
BRENT CRUDE OIL LAST DAY APR 21/JUN 21 (NYMEX:QBZ.J21-QBZ.M21)
Bear Market Rally (-75) - QBZ.J21-QBZ.M21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QBZ.J21-QBZ.M21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QBZ.J21-QBZ.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBZ.J21-QBZ.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QBZ.J21-QBZ.M21
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.J21-QBZ.M21
Based on our trend formula, QBZ.J21-QBZ.M21 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.12||52wk High Date||2020-02-13|
|52wk Low||-1.04||52wk Low Date||2020-04-28|