Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Wednesday, January 19, 2022.

CRUDE OIL Dec 2023 (NYMEX:QCL.Z23)

Strong Uptrend (+100) - QCL.Z23 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QCL.Z23 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
70.59 70.85 70.15 70.73 +0.56
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 Dec 27th, 2021 at 65.90

short term up The short-term trend has been UP since Dec 22nd, 2021 at 63.12

Smart Scan Analysis for QCL.Z23

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

+100
Smart Scan Analysis for QCL.Z23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
70.59 70.85 70.15 70.73 +0.56
Prev. Close Volume Bid Ask Time
70.17 3714 70.71 70.73 2022-01-19 09:15:11
52wk High70.8952wk High Date2022-01-18
52wk Low37.8952wk Low Date2020-04-22
Volatility26.8Expiration2023-11-20
Get a free daily analysis and signals for CRUDE OIL Dec 2023 (QCL.Z23) - Request Your Free Report.