Futopt Trend Analysis Report
Prepared for you on Friday, January 21, 2022.
CRUDE OIL JULY 2022 PUT 7200 (NYMEX:QCL.N22.7200P)
Strong Downtrend (-100) - QCL.N22.7200P is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QCL.N22.7200P continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QCL.N22.7200P?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.N22.7200P.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCL.N22.7200P
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QCL.N22.7200P
Based on our trend formula, QCL.N22.7200P is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).