Future Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
CRUDE OIL BRENT LAST DAY Dec 2022 (NYMEX:BZ.Z22)
Weak Downtrend (-65) - BZ.Z22 is showing signs of a strengthening downtrend. Monitor BZ.Z22 as it may be building momentum to the downside.
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 UP since Sep 15th, 2021 at 68.59
The intermediate-term trend has been DOWN since Nov 3rd, 2021 at 73.60
The short-term trend has been DOWN since Nov 26th, 2021 at 72.99
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).