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Future Trend Analysis Report

Prepared for you on Monday, April 6, 2020.

WTI HOUSTON CRUDE OIL May 2020 (NYMEX:QHCL.K20)

Long-Term Downtrend (-90) - QHCL.K20 is in a strong downtrend that is likely to continue. While QHCL.K20 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 QHCL.K20?

MarketClub looks at technical strength and momentum to determine if the timing is right for QHCL.K20.

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

NYMEX_QHCL.K20
Open High Low QHCL.K20 Price Change
21.23 21.23 21.23 22.00 +0.77
Entry Signal

MarketClub’s Trade Triangles for QHCL.K20

long term down The long-term trend has been DOWN since Feb 3rd, 2020 at 54.64

intermediate term down The intermediate-term trend has been DOWN since Feb 26th, 2020 at 52.34

short term down The short-term trend has been DOWN since Mar 9th, 2020 at 48.41

Smart Scan Analysis for QHCL.K20

Based on our trend formula, QHCL.K20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QHCL.K20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.23 21.23 21.23 22.00 +0.77
Prev. Close Volume Bid Ask Time
25.95 0 2020-04-02 14:54:05
52wk High2252wk High Date2020-04-02
52wk Low15.2452wk Low Date2020-04-01
Volatility125.9Expiration2020-04-21
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