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.
MarketClub’s Trade Triangles for QHCL.G20
The long term trend has been UP since Sep 16th, 2019 at 62.93
The intermediate term trend has been DOWN since Jan 8th, 2020 at 63.07
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).
|52wk High||66.29||52wk High Date||2020-01-06|
|52wk Low||61.24||52wk Low Date||2020-01-14|