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Prepared for you on Thursday, January 27, 2022.

CRUDE OIL APR 24/MAY 24 (NYMEX:QCL.J24-QCL.K24)

Long-Term Downtrend (-90) - QCL.J24-QCL.K24 is in a strong downtrend that is likely to continue. While QCL.J24-QCL.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 QCL.J24-QCL.K24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.J24-QCL.K24.

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

NYMEX_QCL.J24-QCL.K24
Open High Low QCL.J24-QCL.K24 Price Change
0.27 0.27 0.27 0.30 +0.03
Entry Signal

MarketClub’s Trade Triangles for QCL.J24-QCL.K24

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QCL.J24-QCL.K24

Based on our trend formula, QCL.J24-QCL.K24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QCL.J24-QCL.K24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.27 0.27 0.27 0.30 +0.03
Prev. Close Volume Bid Ask Time
0.32 0 2022-01-21 13:49:48
52wk High0.4152wk High Date2021-11-04
52wk Low0.0852wk Low Date2022-01-07
Expiration2024-03-20
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