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Future Trend Analysis Report

Prepared for you on Thursday, April 22, 2021.

CRUDE OIL Dec 2023 (NYMEX:QCL.Z23)

Bull Market Weakness (+75) - QCL.Z23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QCL.Z23 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid QCL.Z23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.Z23.

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

NYMEX_QCL.Z23
Open High Low QCL.Z23 Price Change
52.98 52.98 52.84 52.85 -0.15
Entry Signal

MarketClub’s Trade Triangles for QCL.Z23

long term up The long-term trend has been UP since Jan 4th, 2021 at 46.08

intermediate term up The intermediate-term trend has been UP since Apr 13th, 2021 at 53.87

short term down The short-term trend has been DOWN since Apr 20th, 2021 at 53.98

Smart Scan Analysis for QCL.Z23

Based on our trend formula, QCL.Z23 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for QCL.Z23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
52.98 52.98 52.84 52.85 -0.15
Prev. Close Volume Bid Ask Time
53.00 30 52.85 52.95 2021-04-22 02:16:24
52wk High67.5552wk High Date2015-07-06
52wk Low37.8952wk Low Date2020-04-22
Volatility18.59Expiration2023-11-20
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