Future Trend Analysis Report
Prepared for you on Thursday, May 26, 2022.
CRUDE OIL Feb 2023 (NYMEX:QCL.G23)
Crossroads (+60) - QCL.G23 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QCL.G23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.G23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCL.G23
The long-term trend has been UP since Jan 11th, 2022 at 72.21
The intermediate-term trend has been DOWN since Apr 25th, 2022 at 88.07
The short-term trend has been DOWN since May 19th, 2022 at 90.84
Smart Scan Analysis for QCL.G23
Based on our trend formula, QCL.G23 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||98.5||52wk High Date||2022-03-06|
|52wk Low||40.05||52wk Low Date||2020-05-18|