Future Trend Analysis Report
Prepared for you on Tuesday, November 24, 2020.
CRUDE OIL Dec 2021 (NYMEX:QCL.Z21)
Bull Market Weakness (+75) - QCL.Z21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QCL.Z21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QCL.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCL.Z21
The long-term trend has been DOWN since Oct 2nd, 2020 at 40.48
The intermediate-term trend has been UP since Nov 9th, 2020 at 43.62
The short-term trend has been UP since Nov 3rd, 2020 at 40.74
Smart Scan Analysis for QCL.Z21
Based on our trend formula, QCL.Z21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||88.88||52wk High Date||2014-07-08|
|52wk Low||31.18||52wk Low Date||2020-04-22|