Future Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
CRUDE OIL JUNE 2028 (NYMEX:QCL.M28)
Crossroads (-60) - QCL.M28 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.M28?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.M28.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCL.M28
The long-term trend has been DOWN since Aug 20th, 2021 at 51.33
The intermediate-term trend has been UP since Sep 28th, 2021 at 52.27
The short-term trend has been UP since Sep 24th, 2021 at 52.14
Smart Scan Analysis for QCL.M28
Based on our trend formula, QCL.M28 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).