Future Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
CRUDE OIL LAST DAY FINANCIAL JUNE 2029 (NYMEX:Q26.M29)
Sidelines Mode (-55) - Q26.M29 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid Q26.M29?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q26.M29.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q26.M29
The long-term trend has been UP since Mar 5th, 2021 at 50.94
The intermediate-term trend has been DOWN since Aug 20th, 2021 at 52.01
The short-term trend has been UP since Sep 27th, 2021 at 52.35
Smart Scan Analysis for Q26.M29
Based on our trend formula, Q26.M29 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).