Future Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
CRUDE OIL BRENT LAST DAY Dec 2024 (NYMEX:BZ.Z24)
Countertrend Up (+85) - BZ.Z24 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
MarketClub’s Trade Triangles for BZ.Z24
The long-term trend has been UP since Dec 30th, 2021 at 67.72
The intermediate-term trend has been UP since Dec 30th, 2021 at 65.78
The short-term trend has been UP since Dec 30th, 2021 at 65.78
Smart Scan Analysis for BZ.Z24
Based on our trend formula, BZ.Z24 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).