Future Trend Analysis Report
Prepared for you on Saturday, December 4, 2021.
BRENT CRUDE OIL LAST DAY JUNE 2022 (NYMEX:QBZ.M22)
Strong Downtrend (-100) - QBZ.M22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QBZ.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBZ.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QBZ.M22
The long-term trend has been DOWN since Dec 2nd, 2021 at 67.2
The intermediate-term trend has been DOWN since Nov 3rd, 2021 at 77.3
The short-term trend has been DOWN since Nov 29th, 2021 at 75.0
Smart Scan Analysis for QBZ.M22
Based on our trend formula, QBZ.M22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||81.05||52wk High Date||2021-10-18|
|52wk Low||39.43||52wk Low Date||2020-05-01|