Free Daily Analysis

Spread Trend Analysis Report

Prepared for you on Friday, May 14, 2021.

BRENT CRUDE OIL LAST DAY APR 22/JUL 24 (NYMEX:QBZ.J22-QBZ.N24)

Long-Term Downtrend (-90) - QBZ.J22-QBZ.N24 is in a strong downtrend that is likely to continue. While QBZ.J22-QBZ.N24 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.J22-QBZ.N24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QBZ.J22-QBZ.N24.

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

NYMEX_QBZ.J22-QBZ.N24
Open High Low QBZ.J22-QBZ.N24 Price Change
5.13 5.13 5.13 5.13 0.00
Entry Signal

MarketClub’s Trade Triangles for QBZ.J22-QBZ.N24

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.J22-QBZ.N24

Based on our trend formula, QBZ.J22-QBZ.N24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QBZ.J22-QBZ.N24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.13 5.13 5.13 5.13 0.00
Prev. Close Volume Bid Ask Time
5.13 0 2021-05-13 00:00:00
Expiration2022-02-28
Get a free daily analysis and signals for BRENT CRUDE OIL LAST DAY APR 22/JUL 24 (QBZ.J22-QBZ.N24) - Request Your Free Report.