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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.

NYMEX_QCL.Q20-QCL.H21
Open High Low QCL.Q20-QCL.H21 Price Change
-0.48 -0.48 -0.48 -0.43 +0.05
Entry Signal

MarketClub’s Trade Triangles for QCL.Q20-QCL.H21

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.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).

-90
Smart Scan Analysis for QCL.Q20-QCL.H21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.48 -0.48 -0.48 -0.43 +0.05
Prev. Close Volume Bid Ask Time
-0.48 0 -0.79 -0.72 2020-02-27 14:02:57
52wk High3.3652wk High Date2020-01-08
52wk Low-0.4352wk Low Date2020-02-27
Expiration2020-07-21
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