Future Trend Analysis Report
Prepared for you on Sunday, March 7, 2021.
CRUDE OIL BRENT LAST DAY Dec 2021 (NYMEX:BZ.Z21)
Strong Uptrend (+100) - BZ.Z21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, BZ.Z21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid BZ.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for BZ.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BZ.Z21
The long-term trend has been UP since Dec 10th, 2020 at 49.08
The intermediate-term trend has been UP since Feb 2nd, 2021 at 54.62
The short-term trend has been UP since Mar 4th, 2021 at 60.88
Smart Scan Analysis for BZ.Z21
Based on our trend formula, BZ.Z21 is rated as a +100 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|