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Prepared for you on Friday, February 21, 2020.

CRUDE OIL JUL 20/AUG 20 (NYMEX:QCL.N20-QCL.Q20)

Long-Term Downtrend (-90) - QCL.N20-QCL.Q20 is in a strong downtrend that is likely to continue. While QCL.N20-QCL.Q20 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.Q20?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.N20-QCL.Q20.

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

NYMEX_QCL.N20-QCL.Q20
Open High Low QCL.N20-QCL.Q20 Price Change
0.08 0.09 0.06 0.07 +0.02
Entry Signal

MarketClub’s Trade Triangles for QCL.N20-QCL.Q20

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.Q20

Based on our trend formula, QCL.N20-QCL.Q20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QCL.N20-QCL.Q20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.08 0.09 0.06 0.07 +0.02
Prev. Close Volume Bid Ask Time
0.12 1435 0.07 0.08 2020-02-20 07:06:41
52wk High0.7852wk High Date2020-01-07
52wk Low-0.1552wk Low Date2018-12-26
Expiration2020-06-22
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