Free Daily Analysis

Spread Trend Analysis Report

Prepared for you on Wednesday, February 19, 2020.

CRUDE OIL APR 20/NOV 22 (NYMEX:QCL.J20-QCL.X22)

Long-Term Downtrend (-90) - QCL.J20-QCL.X22 is in a strong downtrend that is likely to continue. While QCL.J20-QCL.X22 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.J20-QCL.X22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.J20-QCL.X22.

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

NYMEX_QCL.J20-QCL.X22
Open High Low QCL.J20-QCL.X22 Price Change
0.95 0.95 0.95 0.95 0.00
Entry Signal

MarketClub’s Trade Triangles for QCL.J20-QCL.X22

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.J20-QCL.X22

Based on our trend formula, QCL.J20-QCL.X22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QCL.J20-QCL.X22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.95 0.95 0.95 0.95 0.00
Prev. Close Volume Bid Ask Time
1.48 0 2020-02-14 00:00:00
Expiration2020-03-20
Get a free daily analysis and signals for CRUDE OIL APR 20/NOV 22 (QCL.J20-QCL.X22) - Request Your Free Report.