Future Trend Analysis Report
Prepared for you on Sunday, May 29, 2022.
DUBAI CRUDE OIL CALENDAR MAY 2022 (NYMEX:QDC.K22)
Countertrend Up (+85) - QDC.K22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QDC.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QDC.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QDC.K22
The long-term trend has been UP since Dec 16th, 2020 at 48.300
The intermediate-term trend has been UP since Aug 27th, 2021 at 65.557
The short-term trend has been UP since Sep 10th, 2021 at 66.219
Smart Scan Analysis for QDC.K22
Based on our trend formula, QDC.K22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).