Future Trend Analysis Report
Prepared for you on Monday, April 19, 2021.
CRUDE OIL BRENT LAST DAY Sep 2021 (NYMEX:BZ.U21)
Long-Term Uptrend (+90) - BZ.U21 is in a strong uptrend that is likely to continue. While BZ.U21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid BZ.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for BZ.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BZ.U21
The long-term trend has been UP since Dec 7th, 2020 at 48.32
The intermediate-term trend has been UP since Apr 14th, 2021 at 63.90
The short-term trend has been UP since Apr 12th, 2021 at 62.26
Smart Scan Analysis for BZ.U21
Based on our trend formula, BZ.U21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).