Future Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
CRUDE OIL BRENT LAST DAY Dec 2020 (NYMEX:BZ.Z20)
Weak Downtrend (-65) - BZ.Z20 is showing signs of a strengthening downtrend. Monitor BZ.Z20 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid
MarketClub looks at technical strength and momentum to determine if the timing is right for BZ.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BZ.Z20
The long-term trend has been DOWN since Feb 3rd, 2020 at 54.65
The intermediate-term trend has been DOWN since Jan 8th, 2020 at 60.18
The short-term trend has been UP since Feb 5th, 2020 at 55.45
Smart Scan Analysis for BZ.Z20
Based on our trend formula, BZ.Z20 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Contract High||76.8||Contract High Date||2018-10-03|
|Contract Low||59.89||Contract Low Date||2018-11-23|