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Future Trend Analysis Report

Prepared for you on Saturday, April 4, 2020.

CRUDE OIL MAY 2020 (NYMEX:QCL.K20)

Sidelines Mode (-55) - QCL.K20 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.K20?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.K20.

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

NYMEX_QCL.K20
Open High Low QCL.K20 Price Change
24.81 29.13 23.52 29.00 +3.68
Entry Signal

MarketClub’s Trade Triangles for QCL.K20

long term down The long-term trend has been DOWN since Feb 3rd, 2020 at 51.18

intermediate term down The intermediate-term trend has been DOWN since Feb 26th, 2020 at 49.71

short term up The short-term trend has been UP since Apr 2nd, 2020 at 21.75

Smart Scan Analysis for QCL.K20

Based on our trend formula, QCL.K20 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for QCL.K20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.81 29.13 23.52 29.00 +3.68
Prev. Close Volume Bid Ask Time
25.32 947533 28.85 29.15 2020-04-03 16:59:59
52wk High69.1352wk High Date2018-10-01
52wk Low19.2752wk Low Date2020-03-30
Volatility99.5Expiration2020-04-21
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