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Future Trend Analysis Report

Prepared for you on Thursday, May 26, 2022.

CRUDE OIL BRENT LAST DAY Jun 2023 (NYMEX:BZ.M23)

Strong Uptrend (+100) - BZ.M23 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, BZ.M23 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.M23?

MarketClub looks at technical strength and momentum to determine if the timing is right for BZ.M23.

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

NYMEX_BZ.M23
Open High Low BZ.M23 Price Change
95.40 97.10 95.40 97.13 +1.37
Entry Signal

MarketClub’s Trade Triangles for BZ.M23

long term up The long-term trend has been UP since Nov 10th, 2020 at 45.64

intermediate term up The intermediate-term trend has been UP since May 17th, 2022 at 96.04

short term up The short-term trend has been UP since May 23rd, 2022 at 94.02

Smart Scan Analysis for BZ.M23

Based on our trend formula, BZ.M23 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for BZ.M23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
95.40 97.10 95.40 97.13 +1.37
Prev. Close Volume Bid Ask Time
95.67 1568 2022-05-26 11:36:39
Expiration2023-04-28Open Time09:00
Close Time14:30
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