Future Trend Analysis Report
Prepared for you on Wednesday, April 24, 2019.
CRUDE OIL BRENT LAST DAY Dec 2021 (NYMEX:BZ.Z21)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
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 UP since Apr 12th, 2019 at 63.15
The intermediate term trend has been UP since Feb 14th, 2019 at 61.07
The short term trend has been UP since Apr 9th, 2019 at 62.58
Smart Scan Analysis for BZ.Z21
Based on a pre-defined weighted trend formula for chart analysis, BZ.Z21 scored +80 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|