Future Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
CRUDE OIL BRENT LAST DAY Nov 2021 (NYMEX:BZ.X21)
Strong Uptrend (+100) - BZ.X21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, BZ.X21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid BZ.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for BZ.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BZ.X21
The long-term trend has been UP since Dec 14th, 2020 at 45.64
The intermediate-term trend has been UP since Apr 14th, 2021 at 62.96
The short-term trend has been UP since May 12th, 2021 at 67.13
Smart Scan Analysis for BZ.X21
Based on our trend formula, BZ.X21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).