Future Trend Analysis Report
Prepared for you on Friday, September 22, 2023.
CRUDE OIL NOVEMBER 2023 (NYMEX:QCL.X23)
Strong Uptrend (+100) - QCL.X23 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QCL.X23 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid QCL.X23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.X23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCL.X23
The long-term trend has been UP since Jul 31st, 2023 at 79.85
The intermediate-term trend has been UP since Sep 1st, 2023 at 83.26
The short-term trend has been UP since Sep 22nd, 2023 at 90.85
Smart Scan Analysis for QCL.X23
Based on our trend formula, QCL.X23 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||92.43||52wk High Date||2023-09-19|
|52wk Low||39.8||52wk Low Date||2020-04-21|