Future Trend Analysis Report
Prepared for you on Monday, October 14, 2019.
BRENT CRUDE OIL LAST DAY DECEMBER 2019 (NYMEX:QBZ.Z19)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for QBZ.Z19
The long term trend has been UP since Sep 16th, 2019 at 66.50
The intermediate term trend has been DOWN since Oct 2nd, 2019 at 58.09
The short term trend has been UP since Oct 11th, 2019 at 59.34
Smart Scan Analysis for QBZ.Z19
Based on a pre-defined weighted trend formula for chart analysis, QBZ.Z19 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||93.00000000||52wk High Date||2014-05-20|
|52wk Low||48.05000000||52wk Low Date||2016-02-24|