Future Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
CRUDE OIL MAY 2028 (NYMEX:QCL.K28)
Weak Downtrend (-65) - QCL.K28 is showing signs of a strengthening downtrend. Monitor QCL.K28 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QCL.K28?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.K28.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCL.K28
The long-term trend has been DOWN since Aug 20th, 2021 at 51.34
The intermediate-term trend has been DOWN since Aug 20th, 2021 at 51.77
The short-term trend has been DOWN since Aug 26th, 2021 at 52.85
Smart Scan Analysis for QCL.K28
Based on our trend formula, QCL.K28 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).