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Prepared for you on Wednesday, July 15, 2020.

BRENT CRUDE OIL LAST DAY SEP 20/SEP 21 (NYMEX:QBZ.U20-QBZ.U21)

Long-Term Downtrend (-90) - QBZ.U20-QBZ.U21 is in a strong downtrend that is likely to continue. While QBZ.U20-QBZ.U21 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.U20-QBZ.U21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QBZ.U20-QBZ.U21.

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

NYMEX_QBZ.U20-QBZ.U21
Open High Low QBZ.U20-QBZ.U21 Price Change
-2.6 -2.6 -2.6 -2.6 0.0
Entry Signal

MarketClub’s Trade Triangles for QBZ.U20-QBZ.U21

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.U20-QBZ.U21

Based on our trend formula, QBZ.U20-QBZ.U21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QBZ.U20-QBZ.U21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-2.6 -2.6 -2.6 -2.6 0.0
Prev. Close Volume Bid Ask Time
-2.6 0 2020-07-14 00:00:00
Expiration2020-07-31
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