Free Daily Analysis

Spread Trend Analysis Report

Prepared for you on Sunday, February 23, 2020.

CRUDE OIL JAN 21/JUN 23 (NYMEX:QCL.F21-QCL.M23)

Long-Term Downtrend (-90) - QCL.F21-QCL.M23 is in a strong downtrend that is likely to continue. While QCL.F21-QCL.M23 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 QCL.F21-QCL.M23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.F21-QCL.M23.

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

NYMEX_QCL.F21-QCL.M23
Open High Low QCL.F21-QCL.M23 Price Change
1.61 1.61 1.61 1.61 0.00
Entry Signal

MarketClub’s Trade Triangles for QCL.F21-QCL.M23

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QCL.F21-QCL.M23

Based on our trend formula, QCL.F21-QCL.M23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QCL.F21-QCL.M23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.61 1.61 1.61 1.61 0.00
Prev. Close Volume Bid Ask Time
1.61 0 2020-02-21 00:00:00
Expiration2020-12-21
Get a free daily analysis and signals for CRUDE OIL JAN 21/JUN 23 (QCL.F21-QCL.M23) - Request Your Free Report.