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Future Trend Analysis Report

Prepared for you on Saturday, March 25, 2023.

CRUDE OIL DECEMBER 2024 (NYMEX:QCL.Z24)

Strong Downtrend (-100) - QCL.Z24 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QCL.Z24 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QCL.Z24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.Z24.

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

NYMEX_QCL.Z24
Open High Low QCL.Z24 Price Change
65.81 66.40 64.05 65.65 -0.34
Entry Signal

MarketClub’s Trade Triangles for QCL.Z24

long term down The long-term trend has been DOWN since Jul 5th, 2022 at 73.24

intermediate term down The intermediate-term trend has been DOWN since Mar 9th, 2023 at 69.24

short term down The short-term trend has been DOWN since Mar 24th, 2023 at 64.39

Smart Scan Analysis for QCL.Z24

Based on our trend formula, QCL.Z24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QCL.Z24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
65.81 66.40 64.05 65.65 -0.34
Prev. Close Volume Bid Ask Time
65.99 18442 64.50 66.70 2023-03-24 16:58:27
52wk High83.652wk High Date2022-06-14
52wk Low39.3752wk Low Date2020-03-22
Volatility21.21Expiration2024-11-20
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