Future Trend Analysis Report
Prepared for you on Thursday, August 6, 2020.
CRUDE OIL BRENT LAST DAY Jan 2021 (NYMEX:BZ.F21)
Strong Uptrend (+100) - BZ.F21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, BZ.F21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid BZ.F21?
MarketClub looks at technical strength and momentum to determine if the timing is right for BZ.F21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BZ.F21
The long-term trend has been UP since Jul 6th, 2020 at 43.79
The intermediate-term trend has been UP since May 17th, 2020 at 35.83
The short-term trend has been UP since Aug 5th, 2020 at 45.30
Smart Scan Analysis for BZ.F21
Based on our trend formula, BZ.F21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).