Spread Trend Analysis Report
Prepared for you on Friday, September 24, 2021.
BRENT CRUDE OIL LAST DAY DEC 21/DEC 22 (NYMEX:QBZ.Z21-QBZ.Z22)
Weak Downtrend (-65) - QBZ.Z21-QBZ.Z22 is showing signs of a strengthening downtrend. Monitor QBZ.Z21-QBZ.Z22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QBZ.Z21-QBZ.Z22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBZ.Z21-QBZ.Z22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QBZ.Z21-QBZ.Z22
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.Z21-QBZ.Z22
Based on our trend formula, QBZ.Z21-QBZ.Z22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||7||52wk High Date||2021-09-24|
|52wk Low||-3.95||52wk Low Date||2020-04-28|