Future Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
CRUDE OIL FINANCIAL MAY 2022 (NYMEX:QWS.K22)
Bull Market Weakness (+75) - QWS.K22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QWS.K22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QWS.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QWS.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QWS.K22
The long-term trend has been UP since Dec 14th, 2020 at 45.88
The intermediate-term trend has been UP since Aug 30th, 2021 at 65.97
The short-term trend has been UP since Sep 10th, 2021 at 66.69
Smart Scan Analysis for QWS.K22
Based on our trend formula, QWS.K22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).