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Prepared for you on Saturday, January 29, 2022.

BRENT CRUDE OIL LAST DAY AUG 23/SEP 29 (NYMEX:QBZ.Q23-QBZ.U29)

Long-Term Downtrend (-90) - QBZ.Q23-QBZ.U29 is in a strong downtrend that is likely to continue. While QBZ.Q23-QBZ.U29 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.Q23-QBZ.U29?

MarketClub looks at technical strength and momentum to determine if the timing is right for QBZ.Q23-QBZ.U29.

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

NYMEX_QBZ.Q23-QBZ.U29
Open High Low QBZ.Q23-QBZ.U29 Price Change
8.45 8.45 8.45 8.45 0.00
Entry Signal

MarketClub’s Trade Triangles for QBZ.Q23-QBZ.U29

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.Q23-QBZ.U29

Based on our trend formula, QBZ.Q23-QBZ.U29 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QBZ.Q23-QBZ.U29
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.45 8.45 8.45 8.45 0.00
Prev. Close Volume Bid Ask Time
8.47 0 2022-01-27 00:00:00
Expiration2023-06-30
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