Future Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
CRUDE OIL Dec 2021 (NYMEX:QCL.Z21)
Long-Term Uptrend (+90) - QCL.Z21 is in a strong uptrend that is likely to continue. While QCL.Z21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Dec 7th, 2020 at 45.95
The intermediate-term trend has been UP since Aug 30th, 2021 at 68.52
The short-term trend has been UP since Oct 14th, 2021 at 81.08
Smart Scan Analysis for QCL.Z21
Based on our trend formula, QCL.Z21 is rated as a +90 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|