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Future Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

WTI HOUSTON CRUDE OIL Feb 2020 (NYMEX:QHCL.G20)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYMEX_QHCL.G20
Open High Low QHCL.G20 Price Change
61.44 61.44 61.44 61.46 +0.02
Entry Signal

MarketClub’s Trade Triangles for QHCL.G20

long term up The long term trend has been UP since Sep 16th, 2019 at 62.93

intermediate term down The intermediate term trend has been DOWN since Jan 8th, 2020 at 63.07

short term down The short term trend has been DOWN since Jan 8th, 2020 at 65.59

Smart Scan Analysis for QHCL.G20

Based on a pre-defined weighted trend formula for chart analysis, QHCL.G20 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for QHCL.G20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
61.44 61.44 61.44 61.46 +0.02
Prev. Close Volume Bid Ask Time
61.44 130 61.39 2020-01-17 14:29:31
52wk High66.2952wk High Date2020-01-06
52wk Low61.2452wk Low Date2020-01-14
Volatility32.01Expiration2020-01-21
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