Spread Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
CRUDE OIL JUN 20/JUN 22 (NYMEX:QCL.M20-QCL.M22)
Strong Downtrend (-100) - QCL.M20-QCL.M22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QCL.M20-QCL.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.M20-QCL.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCL.M20-QCL.M22
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 QCL.M20-QCL.M22
Based on our trend formula, QCL.M20-QCL.M22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||8.58||52wk High Date||2020-01-03|
|52wk Low||-14.76||52wk Low Date||2020-03-31|