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Future Trend Analysis Report

Prepared for you on Wednesday, February 19, 2020.

CRUDE OIL MARCH 2020 (NYMEX:QCL.H20)

Sidelines Mode (-55) - QCL.H20 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid QCL.H20?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.H20.

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

NYMEX_QCL.H20
Open High Low QCL.H20 Price Change
52.12 52.81 51.93 52.72 +0.67
Entry Signal

MarketClub’s Trade Triangles for QCL.H20

long term down The long-term trend has been DOWN since Feb 2nd, 2020 at 50.97

intermediate term down The intermediate-term trend has been DOWN since Jan 8th, 2020 at 59.32

short term up The short-term trend has been UP since Feb 12th, 2020 at 50.78

Smart Scan Analysis for QCL.H20

Based on our trend formula, QCL.H20 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for QCL.H20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
52.12 52.81 51.93 52.72 +0.67
Prev. Close Volume Bid Ask Time
52.05 15934 52.71 52.72 2020-02-19 05:46:59
52wk High71.2552wk High Date2018-10-09
52wk Low48.0452wk Low Date2018-12-27
Volatility25.65Expiration2020-02-20
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