Future Trend Analysis Report
Prepared for you on Thursday, May 26, 2022.
CRUDE OIL BRENT LAST DAY Jul 2022 (NYMEX:BZ.N22)
Strong Uptrend (+100) - BZ.N22 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, BZ.N22 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.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for BZ.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BZ.N22
The long-term trend has been UP since Jan 11th, 2022 at 80.08
The intermediate-term trend has been UP since May 17th, 2022 at 113.52
The short-term trend has been UP since May 22nd, 2022 at 113.22
Smart Scan Analysis for BZ.N22
Based on our trend formula, BZ.N22 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).