Future Trend Analysis Report
Prepared for you on Monday, December 6, 2021.
CRUDE OIL BRENT LAST DAY Apr 2022 (NYMEX:BZ.J22)
Bear Market Rally (-75) - BZ.J22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BZ.J22 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid BZ.J22?
MarketClub looks at technical strength and momentum to determine if the timing is right for BZ.J22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BZ.J22
The long-term trend has been DOWN since Dec 1st, 2021 at 69.20
The intermediate-term trend has been DOWN since Nov 3rd, 2021 at 79.80
The short-term trend has been UP since Dec 3rd, 2021 at 71.56
Smart Scan Analysis for BZ.J22
Based on our trend formula, BZ.J22 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).