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Future Trend Analysis Report

Prepared for you on Monday, January 30, 2023.

CRUDE OIL BRENT LAST DAY Dec 2024 (NYMEX:BZ.Z24)

Sidelines Mode (-55) - BZ.Z24 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid BZ.Z24?

MarketClub looks at technical strength and momentum to determine if the timing is right for BZ.Z24.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_BZ.Z24
Open High Low BZ.Z24 Price Change
77.91 77.91 76.57 76.57 -1.04
Entry Signal

MarketClub’s Trade Triangles for BZ.Z24

long term down The long-term trend has been DOWN since Jul 5th, 2022 at 79.98

intermediate term up The intermediate-term trend has been UP since Jan 17th, 2023 at 77.45

short term down The short-term trend has been DOWN since Jan 25th, 2023 at 78.25

Smart Scan Analysis for BZ.Z24

Based on our trend formula, BZ.Z24 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for BZ.Z24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
77.91 77.91 76.57 76.57 -1.04
Prev. Close Volume Bid Ask Time
77.61 800 2023-01-27 15:08:56
Expiration2024-10-31Open Time09:00
Close Time14:30
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