Future Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
CRUDE OIL LAST DAY FINANCIAL Sep 2022 (NYMEX:Q26.U22)
Countertrend Up (+85) - Q26.U22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid Q26.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q26.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q26.U22
The long-term trend has been UP since Dec 17th, 2020 at 46.16
The intermediate-term trend has been UP since Aug 27th, 2021 at 64.25
The short-term trend has been UP since Sep 10th, 2021 at 65.01
Smart Scan Analysis for Q26.U22
Based on our trend formula, Q26.U22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).