Future Trend Analysis Report
Prepared for you on Friday, February 28, 2020.
BRENT CRUDE OIL LAST DAY DECEMBER 2020 (NYMEX:QBZ.Z20)
Strong Downtrend (-100) - QBZ.Z20 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.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBZ.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QBZ.Z20
The long-term trend has been DOWN since Feb 4th, 2020 at 54.65
The intermediate-term trend has been DOWN since Feb 26th, 2020 at 54.60
The short-term trend has been DOWN since Feb 23rd, 2020 at 56.67
Smart Scan Analysis for QBZ.Z20
Based on our trend formula, QBZ.Z20 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||76.93||52wk High Date||2018-10-09|
|52wk Low||51.37||52wk Low Date||2020-02-27|