Future Trend Analysis Report
Prepared for you on Monday, July 6, 2020.
CRUDE OIL BRENT LAST DAY Jun 2021 (NYMEX:BZ.M21)
Strong Uptrend (+100) - BZ.M21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, BZ.M21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for BZ.M21
The long-term trend has been UP since Jul 6th, 2020 at 45.08
The intermediate-term trend has been UP since May 17th, 2020 at 37.95
The short-term trend has been UP since Jul 1st, 2020 at 43.59
Smart Scan Analysis for BZ.M21
Based on our trend formula, BZ.M21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Contract High||74.82||Contract High Date||2018-10-09|
|Contract Low||59.89||Contract Low Date||2018-11-23|