Future Trend Analysis Report
Prepared for you on Wednesday, October 21, 2020.
CRUDE OIL BRENT LAST DAY Mar 2021 (NYMEX:BZ.H21)
Strong Downtrend (-100) - BZ.H21 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid BZ.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for BZ.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BZ.H21
The long-term trend has been DOWN since Oct 1st, 2020 at 41.44
The intermediate-term trend has been DOWN since Sep 3rd, 2020 at 45.81
The short-term trend has been DOWN since Oct 15th, 2020 at 42.70
Smart Scan Analysis for BZ.H21
Based on our trend formula, BZ.H21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).