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Future Trend Analysis Report

Prepared for you on Friday, August 12, 2022.

CRUDE OIL DECEMBER 2022 (NYMEX:QCL.Z22)

Weak Downtrend (-65) - QCL.Z22 is showing signs of a strengthening downtrend. Monitor QCL.Z22 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QCL.Z22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.Z22.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QCL.Z22
Open High Low QCL.Z22 Price Change
89.26 92.23 89.18 92.02 +2.34
Entry Signal

MarketClub’s Trade Triangles for QCL.Z22

long term down The long-term trend has been DOWN since Jul 5th, 2022 at 88.70

intermediate term down The intermediate-term trend has been DOWN since Jun 22nd, 2022 at 98.69

short term up The short-term trend has been UP since Aug 9th, 2022 at 89.35

Smart Scan Analysis for QCL.Z22

Based on our trend formula, QCL.Z22 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for QCL.Z22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
89.26 92.23 89.18 92.02 +2.34
Prev. Close Volume Bid Ask Time
91.79 88521 92.01 92.03 2022-08-11 13:49:09
52wk High110.7852wk High Date2022-06-08
52wk Low34.7552wk Low Date2020-04-22
Volatility42.05Expiration2022-11-21
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