Future Trend Analysis Report
Prepared for you on Saturday, August 20, 2022.
CRUDE OIL Mar 2023 (NYMEX:QCL.H23)
Strong Downtrend (-100) - QCL.H23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QCL.H23 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QCL.H23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.H23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCL.H23
The long-term trend has been DOWN since Jul 5th, 2022 at 85.91
The intermediate-term trend has been DOWN since Jun 22nd, 2022 at 94.69
The short-term trend has been DOWN since Aug 15th, 2022 at 83.77
Smart Scan Analysis for QCL.H23
Based on our trend formula, QCL.H23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||104.9||52wk High Date||2022-06-08|
|52wk Low||40.23||52wk Low Date||2020-05-18|