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Prepared for you on Friday, February 21, 2020.

CRUDE OIL JUL 20/JUL 23 (NYMEX:QCL.N20-QCL.N23)

Long-Term Downtrend (-90) - QCL.N20-QCL.N23 is in a strong downtrend that is likely to continue. While QCL.N20-QCL.N23 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.N20-QCL.N23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.N20-QCL.N23.

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

NYMEX_QCL.N20-QCL.N23
Open High Low QCL.N20-QCL.N23 Price Change
1.7 1.7 1.7 1.7 0.0
Entry Signal

MarketClub’s Trade Triangles for QCL.N20-QCL.N23

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.N20-QCL.N23

Based on our trend formula, QCL.N20-QCL.N23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QCL.N20-QCL.N23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7 1.7 1.7 1.7 0.0
Prev. Close Volume Bid Ask Time
2.5 0 2020-02-19 00:00:00
Expiration2020-06-22
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