Future Trend Analysis Report
Prepared for you on Monday, June 27, 2022.
WESTERN CANADIAN SELECT OIL INDEX MAY 2024 (NYMEX:QWCW.K24)
Long-Term Downtrend (-90) - QWCW.K24 is in a strong downtrend that is likely to continue. While QWCW.K24 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 QWCW.K24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QWCW.K24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QWCW.K24
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QWCW.K24
Based on our trend formula, QWCW.K24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).