Future Trend Analysis Report
Prepared for you on Monday, May 16, 2022.
BRENT DUBAI JUNE 2023 (NYMEX:QDB.M23)
Bull Market Weakness (+75) - QDB.M23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QDB.M23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QDB.M23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QDB.M23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QDB.M23
The long-term trend has been UP since Jun 17th, 2020 at 0.546
The intermediate-term trend has been DOWN since Aug 26th, 2021 at 2.428
The short-term trend has been UP since Sep 30th, 2021 at 2.297
Smart Scan Analysis for QDB.M23
Based on our trend formula, QDB.M23 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).