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Spread Trend Analysis Report

Prepared for you on Monday, August 8, 2022.

CRUDE OIL DEC 28/DEC 31 (NYMEX:QCL.Z28-QCL.Z31)

Strong Downtrend (-100) - QCL.Z28-QCL.Z31 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QCL.Z28-QCL.Z31 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QCL.Z28-QCL.Z31?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.Z28-QCL.Z31.

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

NYMEX_QCL.Z28-QCL.Z31
Open High Low QCL.Z28-QCL.Z31 Price Change
0.51 0.51 0.51 0.51 0.00
Entry Signal

MarketClub’s Trade Triangles for QCL.Z28-QCL.Z31

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.Z28-QCL.Z31

Based on our trend formula, QCL.Z28-QCL.Z31 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QCL.Z28-QCL.Z31
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.51 0.51 0.51 0.51 0.00
Prev. Close Volume Bid Ask Time
0.51 0 2022-08-04 00:00:00
Expiration2028-11-20
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