Future Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
CRUDE OIL Feb 2022 (NYMEX:QCL.G22)
Strong Uptrend (+100) - QCL.G22 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QCL.G22 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 QCL.G22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.G22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCL.G22
The long-term trend has been UP since Dec 10th, 2020 at 45.76
The intermediate-term trend has been UP since Aug 30th, 2021 at 67.44
The short-term trend has been UP since Oct 8th, 2021 at 78.21
Smart Scan Analysis for QCL.G22
Based on our trend formula, QCL.G22 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||81.09||52wk High Date||2021-10-18|
|52wk Low||33.57||52wk Low Date||2020-04-27|