Future Trend Analysis Report
Prepared for you on Tuesday, March 26, 2019.
CRUDE OIL BRENT LAST DAY Jun 2020 (NYMEX:BZ.M20)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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.
MarketClub’s Trade Triangles for BZ.M20
The long term trend has been UP since Mar 13th, 2019 at 65.66
The intermediate term trend has been UP since Jan 9th, 2019 at 60.52
The short term trend has been DOWN since Mar 25th, 2019 at 65.27
Smart Scan Analysis for BZ.M20
Based on a pre-defined weighted trend formula for chart analysis, BZ.M20 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||79.14||Contract High Date||2018-10-03|
|Contract Low||60.01||Contract Low Date||2018-11-23|