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Future Trend Analysis Report

Prepared for you on Thursday, December 2, 2021.

CRUDE OIL BRENT LAST DAY Jun 2022 (NYMEX:BZ.M22)

Weak Downtrend (-65) - BZ.M22 is showing signs of a strengthening downtrend. Monitor BZ.M22 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid BZ.M22?

MarketClub looks at technical strength and momentum to determine if the timing is right for BZ.M22.

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

NYMEX_BZ.M22
Open High Low BZ.M22 Price Change
68.08 68.79 67.66 68.60 +0.96
Entry Signal

MarketClub’s Trade Triangles for BZ.M22

long term up The long-term trend has been UP since Dec 17th, 2020 at 49.74

intermediate term down The intermediate-term trend has been DOWN since Nov 3rd, 2021 at 77.30

short term down The short-term trend has been DOWN since Nov 26th, 2021 at 77.68

Smart Scan Analysis for BZ.M22

Based on our trend formula, BZ.M22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for BZ.M22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
68.08 68.79 67.66 68.60 +0.96
Prev. Close Volume Bid Ask Time
67.64 1433 2021-12-02 04:12:15
Expiration2022-04-29Open Time09:00
Close Time14:30
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