Free Daily Analysis
Future Trend Analysis Report
Prepared for you on Monday, January 30, 2023.
CRUDE OIL BRENT LAST DAY Nov 2023 (NYMEX:BZ.X23)
Bear Market Rally (-75) - BZ.X23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BZ.X23 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid BZ.X23?
MarketClub looks at technical strength and momentum to determine if the timing is right for BZ.X23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for BZ.X23
The long-term trend has been DOWN since Nov 21st, 2022 at 81.38
The intermediate-term trend has been DOWN since Dec 7th, 2022 at 79.45
The short-term trend has been UP since Jan 18th, 2023 at 80.20
Smart Scan Analysis for BZ.X23
Based on our trend formula, BZ.X23 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 84.19 | 84.39 | 84.19 | 83.98 | +0.99 |
| Prev. Close | Volume | Bid | Ask | Time |
| 84.53 | 61 | 2023-01-20 13:21:55 |
| Expiration | 2023-09-29 | Open Time | 18:00 |
| Close Time | 17:00 |