Future Trend Analysis Report
Prepared for you on Wednesday, January 26, 2022.
CRUDE OIL Aug 2022 (NYMEX:CL.Q22)
Strong Uptrend (+100) - CL.Q22 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CL.Q22 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid CL.Q22?
MarketClub looks at technical strength and momentum to determine if the timing is right for CL.Q22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CL.Q22
The long-term trend has been UP since Jan 11th, 2022 at 76.30
The intermediate-term trend has been UP since Dec 27th, 2021 at 70.88
The short-term trend has been UP since Jan 23rd, 2022 at 80.86
Smart Scan Analysis for CL.Q22
Based on our trend formula, CL.Q22 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).