Future Trend Analysis Report
Prepared for you on Thursday, April 22, 2021.
CRUDE OIL BRENT LAST DAY Aug 2021 (NYMEX:BZ.Q21)
Countertrend Up (+85) - BZ.Q21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid BZ.Q21?
MarketClub looks at technical strength and momentum to determine if the timing is right for BZ.Q21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BZ.Q21
The long-term trend has been UP since Nov 23rd, 2020 at 45.56
The intermediate-term trend has been UP since Apr 14th, 2021 at 64.34
The short-term trend has been DOWN since Apr 20th, 2021 at 65.37
Smart Scan Analysis for BZ.Q21
Based on our trend formula, BZ.Q21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).