Future Trend Analysis Report
Prepared for you on Friday, July 19, 2019.
CRUDE OIL BRENT LAST DAY Dec 2021 (NYMEX:BZ.Z21)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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 DOWN since May 23rd, 2019 at 59.67
The intermediate term trend has been UP since Jun 25th, 2019 at 58.46
The short term trend has been DOWN since Jul 16th, 2019 at 61.08
Smart Scan Analysis for BZ.Z21
Based on a pre-defined weighted trend formula for chart analysis, BZ.Z21 scored -75 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|