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Future Trend Analysis Report

Prepared for you on Saturday, August 17, 2019.

CRUDE OIL BRENT LAST DAY Oct 2019 (NYMEX:BZ.V19)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

NYMEX_BZ.V19
Open High Low BZ.V19 Price Change
58.42 59.50 58.29 58.68 +0.45
Entry Signal

MarketClub’s Trade Triangles for BZ.V19

long term down The long term trend has been DOWN since May 31st, 2019 at 61.48

intermediate term down The intermediate term trend has been DOWN since Jul 18th, 2019 at 62.40

short term down The short term trend has been DOWN since Aug 16th, 2019 at 58.37

Smart Scan Analysis for BZ.V19

Based on a pre-defined weighted trend formula for chart analysis, BZ.V19 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for BZ.V19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
58.42 59.50 58.29 58.68 +0.45
Prev. Close Volume Bid Ask Time
66.86 24506 2019-08-16 16:57:26
Contract High82.44Contract High Date2018-10-03
Contract Low59.89Contract Low Date2018-11-23
Estimated Volume200Expiration2019-08-30
Open Time18:00Close Time17:00
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