Future Trend Analysis Report
Prepared for you on Wednesday, July 15, 2020.
CRUDE OIL BRENT LAST DAY (TAS) Aug 2020 (NYMEX:BZT.Q20)
Long-Term Downtrend (-90) - BZT.Q20 is in a strong downtrend that is likely to continue. While BZT.Q20 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid BZT.Q20?
MarketClub looks at technical strength and momentum to determine if the timing is right for BZT.Q20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BZT.Q20
The long-term trend has been DOWN since Jun 8th, 2020 at -1.00
The intermediate-term trend has been DOWN since Jun 8th, 2020 at -0.25
The short-term trend has been DOWN since Jun 25th, 2020 at -0.25
Smart Scan Analysis for BZT.Q20
Based on our trend formula, BZT.Q20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).