Future Trend Analysis Report
Prepared for you on Sunday, September 26, 2021.
CRUDE OIL BRENT LAST DAY Jan 2022 (NYMEX:BZ.F22)
Strong Uptrend (+100) - BZ.F22 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, BZ.F22 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.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for BZ.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BZ.F22
The long-term trend has been UP since May 5th, 2020 at 38.00
The intermediate-term trend has been UP since Aug 29th, 2021 at 70.09
The short-term trend has been UP since Sep 22nd, 2021 at 74.14
Smart Scan Analysis for BZ.F22
Based on our trend formula, BZ.F22 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).