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Future Trend Analysis Report

Prepared for you on Friday, July 1, 2022.

CRUDE OIL May 2029 (NYMEX:QCL.K29)

Sidelines Mode (+50) - QCL.K29 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until QCL.K29 can gain momentum.

Is it time to buy, sell, or avoid QCL.K29?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.K29.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QCL.K29
Open High Low QCL.K29 Price Change
67.23 67.23 67.23 67.23 0.00
Entry Signal

MarketClub’s Trade Triangles for QCL.K29

long term down The long-term trend has been DOWN since Sep 21st, 2021 at 51.66

intermediate term up The intermediate-term trend has been UP since Sep 30th, 2021 at 52.62

short term up The short-term trend has been UP since Sep 27th, 2021 at 52.41

Smart Scan Analysis for QCL.K29

Based on our trend formula, QCL.K29 is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for QCL.K29
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
67.23 67.23 67.23 67.23 0.00
Prev. Close Volume Bid Ask Time
67.23 0 2022-06-30 00:00:00
Volatility28.64Expiration2029-04-20
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