Spread Trend Analysis Report
Prepared for you on Wednesday, June 16, 2021.
CRUDE OIL NOV 21/JUN 22 (NYMEX:QCL.X21-QCL.M22)
Weak Downtrend (-65) - QCL.X21-QCL.M22 is showing signs of a strengthening downtrend. Monitor QCL.X21-QCL.M22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QCL.X21-QCL.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.X21-QCL.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCL.X21-QCL.M22
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.X21-QCL.M22
Based on our trend formula, QCL.X21-QCL.M22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||4.15||52wk High Date||2021-06-15|
|52wk Low||-0.5||52wk Low Date||2020-07-06|