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.
MarketClub’s Trade Triangles for QCL.Z22
The long-term trend has been DOWN since Jul 5th, 2022 at 88.70
The intermediate-term trend has been DOWN since Jun 22nd, 2022 at 98.69
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).
|52wk High||110.78||52wk High Date||2022-06-08|
|52wk Low||34.75||52wk Low Date||2020-04-22|