Future Trend Analysis Report
Prepared for you on Tuesday, April 13, 2021.
CRUDE OIL BRENT LAST DAY Oct 2021 (NYMEX:BZ.V21)
Sidelines Mode (-55) - BZ.V21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid BZ.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for BZ.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BZ.V21
The long-term trend has been UP since Dec 3rd, 2020 at 45.52
The intermediate-term trend has been DOWN since Mar 23rd, 2021 at 60.68
The short-term trend has been UP since Apr 4th, 2021 at 62.50
Smart Scan Analysis for BZ.V21
Based on our trend formula, BZ.V21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).