Spread Trend Analysis Report
Prepared for you on Friday, May 20, 2022.
CRUDE OIL JUL 22/DEC 23 (NYMEX:QCL.N22-QCL.Z23)
Weak Downtrend (-65) - QCL.N22-QCL.Z23 is showing signs of a strengthening downtrend. Monitor QCL.N22-QCL.Z23 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QCL.N22-QCL.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.N22-QCL.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCL.N22-QCL.Z23
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.N22-QCL.Z23
Based on our trend formula, QCL.N22-QCL.Z23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||29.02||52wk High Date||2022-03-08|
|52wk Low||4.36||52wk Low Date||2021-12-06|