Future Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
CRUDE OIL MICRO Mar 2022 (NYMEX:MCL.H22)
Strong Uptrend (+100) - MCL.H22 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MCL.H22 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 MCL.H22?
MarketClub looks at technical strength and momentum to determine if the timing is right for MCL.H22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MCL.H22
The long-term trend has been UP since Sep 15th, 2021 at 69.54
The intermediate-term trend has been UP since Aug 30th, 2021 at 66.74
The short-term trend has been UP since Oct 25th, 2021 at 80.07
Smart Scan Analysis for MCL.H22
Based on our trend formula, MCL.H22 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).