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Spread Trend Analysis Report
Prepared for you on Sunday, May 22, 2022.
CRUDE OIL DEC 29/JUN 31 (NYMEX:QCL.Z29-QCL.M31)
Long-Term Downtrend (-90) - QCL.Z29-QCL.M31 is in a strong downtrend that is likely to continue. While QCL.Z29-QCL.M31 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.Z29-QCL.M31?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.Z29-QCL.M31.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for QCL.Z29-QCL.M31
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.Z29-QCL.M31
Based on our trend formula, QCL.Z29-QCL.M31 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| -0.11 | -0.11 | -0.11 | -0.11 | 0 |
| Prev. Close | Volume | Bid | Ask | Time |
| -0.11 | 0 | 2022-05-19 00:00:00 |
| Expiration | 2029-11-19 |