Future Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
CRUDE OIL BRENT LAST DAY Dec 2021 (NYMEX:BZ.Z21)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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.
MarketClub’s Trade Triangles for BZ.Z21
The long term trend has been DOWN since May 23rd, 2019 at 59.67
The intermediate term trend has been UP since Sep 9th, 2019 at 57.57
The short term trend has been DOWN since Sep 12th, 2019 at 56.90
Smart Scan Analysis for BZ.Z21
Based on a pre-defined weighted trend formula for chart analysis, BZ.Z21 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||72.96||Contract High Date||2018-10-09|
|Contract Low||59.97||Contract Low Date||2018-11-23|