Spread Trend Analysis Report
Prepared for you on Friday, February 28, 2020.
CRUDE OIL AUG 20/MAR 21 (NYMEX:QCL.Q20-QCL.H21)
Long-Term Downtrend (-90) - QCL.Q20-QCL.H21 is in a strong downtrend that is likely to continue. While QCL.Q20-QCL.H21 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.Q20-QCL.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.Q20-QCL.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCL.Q20-QCL.H21
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.Q20-QCL.H21
Based on our trend formula, QCL.Q20-QCL.H21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3.36||52wk High Date||2020-01-08|
|52wk Low||-0.43||52wk Low Date||2020-02-27|