Spread Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
CRUDE OIL JUN 22/JUL 22 (NYMEX:QCL.M22-QCL.N22)
Bear Market Rally (-75) - QCL.M22-QCL.N22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QCL.M22-QCL.N22 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QCL.M22-QCL.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.M22-QCL.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCL.M22-QCL.N22
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 QCL.M22-QCL.N22
Based on our trend formula, QCL.M22-QCL.N22 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.36||52wk High Date||2021-02-24|
|52wk Low||-0.26||52wk Low Date||2020-05-01|