Future Trend Analysis Report
Prepared for you on Wednesday, January 27, 2021.
WTI HOUSTON TRADE MONTH MAY 2021 (NYMEX:QHTE.K21)
Bear Market Rally (-75) - QHTE.K21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QHTE.K21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QHTE.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QHTE.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QHTE.K21
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QHTE.K21
Based on our trend formula, QHTE.K21 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).