Free Daily Analysis

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.

NYMEX_QDB.M23
Open High Low QDB.M23 Price Change
4.097 4.097 4.097 4.097 0.000
Entry Signal

MarketClub’s Trade Triangles for QDB.M23

long term up The long-term trend has been UP since Jun 17th, 2020 at 0.546

intermediate term down The intermediate-term trend has been DOWN since Aug 26th, 2021 at 2.428

short term up 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).

+75
Smart Scan Analysis for QDB.M23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.097 4.097 4.097 4.097 0.000
Prev. Close Volume Bid Ask Time
4.097 0 2022-05-13 00:00:00
Volatility54.07Expiration2023-06-30
Get a free daily analysis and signals for BRENT DUBAI JUNE 2023 (QDB.M23) - Request Your Free Report.