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.
MarketClub’s Trade Triangles for QCL.H20
The long-term trend has been DOWN since Feb 2nd, 2020 at 50.97
The intermediate-term trend has been DOWN since Jan 8th, 2020 at 59.32
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).
|52wk High||71.25||52wk High Date||2018-10-09|
|52wk Low||48.04||52wk Low Date||2018-12-27|