Future Trend Analysis Report
Prepared for you on Monday, November 29, 2021.
CRUDE OIL BRENT LAST DAY Feb 2022 (NYMEX:BZ.G22)
Crossroads (-60) - BZ.G22 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid BZ.G22?
MarketClub looks at technical strength and momentum to determine if the timing is right for BZ.G22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BZ.G22
The long-term trend has been UP since Nov 24th, 2020 at 43.50
The intermediate-term trend has been DOWN since Nov 3rd, 2021 at 80.76
The short-term trend has been DOWN since Nov 26th, 2021 at 79.22
Smart Scan Analysis for BZ.G22
Based on our trend formula, BZ.G22 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).