Spread Trend Analysis Report
Prepared for you on Monday, August 8, 2022.
BRENT CRUDE OIL LAST DAY OCT 22/FEB 23 (NYMEX:QBZ.V22-QBZ.G23)
Long-Term Downtrend (-90) - QBZ.V22-QBZ.G23 is in a strong downtrend that is likely to continue. While QBZ.V22-QBZ.G23 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.V22-QBZ.G23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBZ.V22-QBZ.G23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QBZ.V22-QBZ.G23
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QBZ.V22-QBZ.G23
Based on our trend formula, QBZ.V22-QBZ.G23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.09||52wk High Date||2022-07-05|
|52wk Low||2.12||52wk Low Date||2022-01-07|