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Future Trend Analysis Report

Prepared for you on Tuesday, July 23, 2019.

CRUDE OIL BRENT LAST DAY Nov 2019 (NYMEX:BZ.X19)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.

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.X19
Open High Low BZ.X19 Price Change
62.78 62.93 62.73 62.73 +0.01
Entry Signal

MarketClub’s Trade Triangles for BZ.X19

long term down The long term trend has been DOWN since May 31st, 2019 at 61.33

intermediate term down The intermediate term trend has been DOWN since Jul 18th, 2019 at 61.85

short term up The short term trend has been UP since Jul 23rd, 2019 at 62.78

Smart Scan Analysis for BZ.X19

Based on a pre-defined weighted trend formula for chart analysis, BZ.X19 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for BZ.X19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
62.78 62.93 62.73 62.73 +0.01
Prev. Close Volume Bid Ask Time
66.29 1395 2019-07-23 06:00:58
Contract High82.03Contract High Date2018-10-03
Contract Low59.89Contract Low Date2018-11-23
Estimated Volume200Expiration2019-09-30
Open Time18:00Close Time17:00
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