Analyze Symbol

Future Trend Analysis Report

Prepared for you on Saturday, August 17, 2019.

CRUDE OIL BRENT LAST DAY Jun 2020 (NYMEX:BZ.M20)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYMEX_BZ.M20
Open High Low BZ.M20 Price Change
56.91 57.44 56.40 56.68 +0.20
Entry Signal

MarketClub’s Trade Triangles for BZ.M20

long term down The long term trend has been DOWN since May 31st, 2019 at 60.40

intermediate term down The intermediate term trend has been DOWN since Jul 18th, 2019 at 60.81

short term down The short term trend has been DOWN since Aug 15th, 2019 at 56.48

Smart Scan Analysis for BZ.M20

Based on a pre-defined weighted trend formula for chart analysis, BZ.M20 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for BZ.M20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
56.91 57.44 56.40 56.68 +0.20
Prev. Close Volume Bid Ask Time
64.86 2697 2019-08-16 14:24:25
Contract High79.14Contract High Date2018-10-03
Contract Low60.01Contract Low Date2018-11-23
Expiration2020-04-30Open Time18:00
Close Time17:00
Want to analyze CRUDE OIL BRENT LAST DAY Jun 2020 BZ.M20 or another symbol? Try our Free Future Trend Analysis Report.