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Future Trend Analysis Report

Prepared for you on Thursday, May 6, 2021.

CRUDE OIL BRENT LAST DAY Jun 2021 (NYMEX:BZ.M21)

Long-Term Uptrend (+90) - BZ.M21 is in a strong uptrend that is likely to continue. While BZ.M21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid BZ.M21?

MarketClub looks at technical strength and momentum to determine if the timing is right for BZ.M21.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_BZ.M21
Open High Low BZ.M21 Price Change
68.32 68.32 67.15 67.25 -1.35
Entry Signal

MarketClub’s Trade Triangles for BZ.M21

long term up The long-term trend has been UP since Nov 24th, 2020 at 48.38

intermediate term up The intermediate-term trend has been UP since Apr 14th, 2021 at 65.58

short term up The short-term trend has been UP since Apr 27th, 2021 at 66.31

Smart Scan Analysis for BZ.M21

Based on our trend formula, BZ.M21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for BZ.M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
68.32 68.32 67.15 67.25 -1.35
Prev. Close Volume Bid Ask Time
67.16 1086 2021-04-30 14:00:31
Contract High74.82Contract High Date2018-10-09
Contract Low59.89Contract Low Date2018-11-23
Expiration2021-04-30Open Time09:00
Close Time14:30
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