Free Daily Analysis

Spread Trend Analysis Report

Prepared for you on Wednesday, May 12, 2021.

BRENT CRUDE OIL LAST DAY MAY 22/DEC 26 (NYMEX:QBZ.K22-QBZ.Z26)

Strong Downtrend (-100) - QBZ.K22-QBZ.Z26 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QBZ.K22-QBZ.Z26?

MarketClub looks at technical strength and momentum to determine if the timing is right for QBZ.K22-QBZ.Z26.

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

NYMEX_QBZ.K22-QBZ.Z26
Open High Low QBZ.K22-QBZ.Z26 Price Change
6.07 6.07 6.07 6.07 0.00
Entry Signal

MarketClub’s Trade Triangles for QBZ.K22-QBZ.Z26

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.K22-QBZ.Z26

Based on our trend formula, QBZ.K22-QBZ.Z26 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QBZ.K22-QBZ.Z26
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.07 6.07 6.07 6.07 0.00
Prev. Close Volume Bid Ask Time
6.07 0 2021-05-11 00:00:00
Expiration2022-03-31
Get a free daily analysis and signals for BRENT CRUDE OIL LAST DAY MAY 22/DEC 26 (QBZ.K22-QBZ.Z26) - Request Your Free Report.