Future Trend Analysis Report
Prepared for you on Thursday, January 27, 2022.
CRUDE OIL Mar 2022 (NYMEX:QCL.H22)
Long-Term Uptrend (+90) - QCL.H22 is in a strong uptrend that is likely to continue. While QCL.H22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid QCL.H22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.H22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCL.H22
The long-term trend has been UP since Jan 11th, 2022 at 80.72
The intermediate-term trend has been UP since Dec 23rd, 2021 at 72.82
The short-term trend has been UP since Jan 26th, 2022 at 86.09
Smart Scan Analysis for QCL.H22
Based on our trend formula, QCL.H22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||88.54||52wk High Date||2022-01-27|
|52wk Low||33.78||52wk Low Date||2020-04-27|