Future Trend Analysis Report
Prepared for you on Wednesday, June 26, 2019.
CRUDE OIL BRENT LAST DAY Sep 2019 (NYMEX:BZ.U19)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for BZ.U19
The long term trend has been DOWN since May 31st, 2019 at 61.48
The intermediate term trend has been UP since Jun 25th, 2019 at 65.03
The short term trend has been DOWN since Jun 18th, 2019 at 59.80
Smart Scan Analysis for BZ.U19
Based on a pre-defined weighted trend formula for chart analysis, BZ.U19 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||82.87||Contract High Date||2018-10-03|
|Contract Low||59.91||Contract Low Date||2018-11-23|
|Open Time||09:00||Close Time||14:30|