Future Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
CRUDE OIL APRIL 2022 (NYMEX:QCL.J22)
Countertrend Up (+85) - QCL.J22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QCL.J22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.J22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCL.J22
The long-term trend has been UP since Feb 2nd, 2021 at 50.27
The intermediate-term trend has been UP since Aug 30th, 2021 at 66.47
The short-term trend has been DOWN since Oct 21st, 2021 at 77.56
Smart Scan Analysis for QCL.J22
Based on our trend formula, QCL.J22 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||79.5||52wk High Date||2021-10-20|
|52wk Low||34.74||52wk Low Date||2020-05-04|