Future Trend Analysis Report
Prepared for you on Saturday, November 28, 2020.
CRUDE OIL BRENT LAST DAY Dec 2022 (NYMEX:BZ.Z22)
Bull Market Weakness (+75) - BZ.Z22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BZ.Z22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid BZ.Z22?
MarketClub looks at technical strength and momentum to determine if the timing is right for BZ.Z22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BZ.Z22
The long-term trend has been DOWN since Oct 1st, 2020 at 46.16
The intermediate-term trend has been UP since Nov 11th, 2020 at 47.18
The short-term trend has been UP since Nov 23rd, 2020 at 46.69
Smart Scan Analysis for BZ.Z22
Based on our trend formula, BZ.Z22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).