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Spread Trend Analysis Report

Prepared for you on Friday, July 1, 2022.

BRENT CRUDE OIL LAST DAY SEP 22/AUG 28 (NYMEX:QBZ.U22-QBZ.Q28)

Long-Term Downtrend (-90) - QBZ.U22-QBZ.Q28 is in a strong downtrend that is likely to continue. While QBZ.U22-QBZ.Q28 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.U22-QBZ.Q28?

MarketClub looks at technical strength and momentum to determine if the timing is right for QBZ.U22-QBZ.Q28.

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

NYMEX_QBZ.U22-QBZ.Q28
Open High Low QBZ.U22-QBZ.Q28 Price Change
39.17 39.17 39.17 39.17 0.00
Entry Signal

MarketClub’s Trade Triangles for QBZ.U22-QBZ.Q28

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.U22-QBZ.Q28

Based on our trend formula, QBZ.U22-QBZ.Q28 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QBZ.U22-QBZ.Q28
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
39.17 39.17 39.17 39.17 0.00
Prev. Close Volume Bid Ask Time
37.97 0 2022-06-29 00:00:00
Expiration2022-07-29
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