Future Trend Analysis Report
Prepared for you on Wednesday, December 7, 2022.
CRUDE OIL Apr 2031 (NYMEX:QCL.J31)
Countertrend Up (+85) - QCL.J31 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 QCL.J31?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.J31.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCL.J31
The long-term trend has been UP since Feb 10th, 2021 at 48.93
The intermediate-term trend has been UP since Sep 30th, 2021 at 53.48
The short-term trend has been UP since Sep 30th, 2021 at 52.99
Smart Scan Analysis for QCL.J31
Based on our trend formula, QCL.J31 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).