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Future Trend Analysis Report

Prepared for you on Monday, October 19, 2020.

BRENT CRUDE OIL LAST DAY Jun 2021 (NYMEX:QBZ.M21)

Weak Downtrend (-65) - QBZ.M21 is showing signs of a strengthening downtrend. Monitor QBZ.M21 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QBZ.M21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QBZ.M21.

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

NYMEX_QBZ.M21
Open High Low QBZ.M21 Price Change
44.66 44.66 44.58 44.58 -0.01
Entry Signal

MarketClub’s Trade Triangles for QBZ.M21

long term down The long-term trend has been DOWN since Oct 1st, 2020 at 42.74

intermediate term down The intermediate-term trend has been DOWN since Sep 3rd, 2020 at 46.69

short term up The short-term trend has been UP since Oct 6th, 2020 at 44.42

Smart Scan Analysis for QBZ.M21

Based on our trend formula, QBZ.M21 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for QBZ.M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
44.66 44.66 44.58 44.58 -0.01
Prev. Close Volume Bid Ask Time
44.59 221 44.52 44.54 2020-10-19 01:12:10
52wk High70.6552wk High Date2018-10-18
52wk Low34.2652wk Low Date2020-04-22
Volatility28.1Expiration2021-04-30
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