Future Trend Analysis Report
Prepared for you on Thursday, March 4, 2021.
CRUDE OIL OCTOBER 2021 (NYMEX:QCL.V21)
Countertrend Up (+85) - QCL.V21 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.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCL.V21
The long-term trend has been UP since Dec 4th, 2020 at 46.00
The intermediate-term trend has been UP since Nov 9th, 2020 at 43.41
The short-term trend has been DOWN since Mar 2nd, 2021 at 58.03
Smart Scan Analysis for QCL.V21
Based on our trend formula, QCL.V21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||60.55||52wk High Date||2021-02-25|
|52wk Low||31.25||52wk Low Date||2020-04-22|