Future Trend Analysis Report
Prepared for you on Monday, March 30, 2020.
CRUDE OIL BRENT LAST DAY May 2020 (NYMEX:BZ.K20)
Strong Downtrend (-100) - BZ.K20 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.K20?
MarketClub looks at technical strength and momentum to determine if the timing is right for BZ.K20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BZ.K20
The long-term trend has been DOWN since Feb 2nd, 2020 at 55.83
The intermediate-term trend has been DOWN since Feb 26th, 2020 at 53.91
The short-term trend has been DOWN since Mar 22nd, 2020 at 25.37
Smart Scan Analysis for BZ.K20
Based on our trend formula, BZ.K20 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Contract High||79.55||Contract High Date||2018-10-03|
|Contract Low||60.01||Contract Low Date||2018-11-23|