Free Daily Analysis
Spread Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
BRENT CRUDE OIL LAST DAY NOV 23/JAN 24 (NYMEX:QBZ.X23-QBZ.F24)
Strong Downtrend (-100) - QBZ.X23-QBZ.F24 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QBZ.X23-QBZ.F24 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QBZ.X23-QBZ.F24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBZ.X23-QBZ.F24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for QBZ.X23-QBZ.F24
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.X23-QBZ.F24
Based on our trend formula, QBZ.X23-QBZ.F24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.1 | 1.1 | 1.1 | 1.1 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.1 | 0 | 2022-08-15 00:00:00 |
| Expiration | 2023-09-29 |