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Future Trend Analysis Report

Prepared for you on Sunday, April 5, 2020.

CRUDE OIL Aug 2029 (NYMEX:QCL.Q29)

Long-Term Downtrend (-90) - QCL.Q29 is in a strong downtrend that is likely to continue. While QCL.Q29 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QCL.Q29?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.Q29.

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

NYMEX_QCL.Q29
Open High Low QCL.Q29 Price Change
47.9 47.9 47.9 47.9 0.0
Entry Signal

MarketClub’s Trade Triangles for QCL.Q29

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QCL.Q29

Based on our trend formula, QCL.Q29 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QCL.Q29
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
47.9 47.9 47.9 47.9 0.0
Prev. Close Volume Bid Ask Time
48.3 0 2020-04-02 00:00:00
Volatility23.15Expiration2029-07-20
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