Future Trend Analysis Report
Prepared for you on Thursday, August 13, 2020.
CRUDE OIL DECEMBER 2020 (NYMEX:QCL.Z20)
Strong Uptrend (+100) - QCL.Z20 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QCL.Z20 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid QCL.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCL.Z20
The long-term trend has been UP since Jul 21st, 2020 at 41.98
The intermediate-term trend has been UP since May 18th, 2020 at 32.77
The short-term trend has been UP since Aug 5th, 2020 at 42.48
Smart Scan Analysis for QCL.Z20
Based on our trend formula, QCL.Z20 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||93.67||52wk High Date||2012-01-13|
|52wk Low||25.31||52wk Low Date||2020-04-22|