Spread Trend Analysis Report
Prepared for you on Saturday, May 15, 2021.
BRENT CRUDE OIL LAST DAY APR 22/MAY 22 (NYMEX:QBZ.J22-QBZ.K22)
Weak Downtrend (-65) - QBZ.J22-QBZ.K22 is showing signs of a strengthening downtrend. Monitor QBZ.J22-QBZ.K22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QBZ.J22-QBZ.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBZ.J22-QBZ.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QBZ.J22-QBZ.K22
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.J22-QBZ.K22
Based on our trend formula, QBZ.J22-QBZ.K22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.42||52wk High Date||2021-03-07|
|52wk Low||-0.18||52wk Low Date||2020-07-08|