Free Daily Analysis

Spread Trend Analysis Report

Prepared for you on Tuesday, July 7, 2020.

BRENT CRUDE OIL LAST DAY JUN 23/APR 24 (NYMEX:QBZ.M23-QBZ.J24)

Long-Term Downtrend (-90) - QBZ.M23-QBZ.J24 is in a strong downtrend that is likely to continue. While QBZ.M23-QBZ.J24 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.M23-QBZ.J24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QBZ.M23-QBZ.J24.

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

NYMEX_QBZ.M23-QBZ.J24
Open High Low QBZ.M23-QBZ.J24 Price Change
-1.13 -1.13 -1.13 -1.13 0.00
Entry Signal

MarketClub’s Trade Triangles for QBZ.M23-QBZ.J24

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.M23-QBZ.J24

Based on our trend formula, QBZ.M23-QBZ.J24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QBZ.M23-QBZ.J24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-1.13 -1.13 -1.13 -1.13 0.00
Prev. Close Volume Bid Ask Time
-1.12 0 2020-07-06 00:00:00
Expiration2023-04-28
Get a free daily analysis and signals for BRENT CRUDE OIL LAST DAY JUN 23/APR 24 (QBZ.M23-QBZ.J24) - Request Your Free Report.