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Prepared for you on Thursday, December 9, 2021.

BRENT CRUDE OIL LAST DAY NOV 23/SEP 25 (NYMEX:QBZ.X23-QBZ.U25)

Long-Term Downtrend (-90) - QBZ.X23-QBZ.U25 is in a strong downtrend that is likely to continue. While QBZ.X23-QBZ.U25 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.X23-QBZ.U25?

MarketClub looks at technical strength and momentum to determine if the timing is right for QBZ.X23-QBZ.U25.

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

NYMEX_QBZ.X23-QBZ.U25
Open High Low QBZ.X23-QBZ.U25 Price Change
2.05 2.05 2.05 2.05 0.00
Entry Signal

MarketClub’s Trade Triangles for QBZ.X23-QBZ.U25

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.X23-QBZ.U25

Based on our trend formula, QBZ.X23-QBZ.U25 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QBZ.X23-QBZ.U25
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.05 2.05 2.05 2.05 0.00
Prev. Close Volume Bid Ask Time
2.23 0 2021-12-07 00:00:00
Expiration2023-09-29
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