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Future Trend Analysis Report

Prepared for you on Thursday, December 9, 2021.

CRUDE OIL BRENT LAST DAY Nov 2022 (NYMEX:BZ.X22)

Sidelines Mode (+50) - BZ.X22 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until BZ.X22 can gain momentum.

Is it time to buy, sell, or avoid BZ.X22?

MarketClub looks at technical strength and momentum to determine if the timing is right for BZ.X22.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_BZ.X22
Open High Low BZ.X22 Price Change
72.29 72.29 72.29 72.95 +3.76
Entry Signal

MarketClub’s Trade Triangles for BZ.X22

long term down The long-term trend has been DOWN since Dec 2nd, 2021 at 74.24

intermediate term up The intermediate-term trend has been UP since Oct 13th, 2021 at 74.24

short term up The short-term trend has been UP since Dec 7th, 2021 at 69.08

Smart Scan Analysis for BZ.X22

Based on our trend formula, BZ.X22 is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for BZ.X22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
72.29 72.29 72.29 72.95 +3.76
Prev. Close Volume Bid Ask Time
72.29 243 2021-12-07 14:29:19
Expiration2022-09-30Open Time09:00
Close Time14:30
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