Future Trend Analysis Report
Prepared for you on Thursday, December 9, 2021.
WTI VS. DUBAI CRUDE OIL Nov 2021 (NYMEX:QDCW.X21)
Long-Term Downtrend (-90) - QDCW.X21 is in a strong downtrend that is likely to continue. While QDCW.X21 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QDCW.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QDCW.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QDCW.X21
The long-term trend has been DOWN since Sep 1st, 2021 at -0.567
The intermediate-term trend has been DOWN since Aug 4th, 2021 at 0.512
The short-term trend has been DOWN since Aug 16th, 2021 at 0.376
Smart Scan Analysis for QDCW.X21
Based on our trend formula, QDCW.X21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).