Future Trend Analysis Report
Prepared for you on Thursday, August 13, 2020.
CRUDE OIL Oct 2020 (NYMEX:QCL.V20)
Long-Term Uptrend (+90) - QCL.V20 is in a strong uptrend that is likely to continue. While QCL.V20 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid QCL.V20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.V20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCL.V20
The long-term trend has been UP since Jul 21st, 2020 at 41.84
The intermediate-term trend has been UP since May 18th, 2020 at 31.28
The short-term trend has been UP since Aug 4th, 2020 at 41.49
Smart Scan Analysis for QCL.V20
Based on our trend formula, QCL.V20 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||64.9||52wk High Date||2018-10-18|
|52wk Low||23.26||52wk Low Date||2020-04-22|