Spread Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
CRUDE OIL DEC 20/JUN 21 (NYMEX:QCL.Z20-QCL.M21)
Weak Downtrend (-65) - QCL.Z20-QCL.M21 is showing signs of a strengthening downtrend. Monitor QCL.Z20-QCL.M21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QCL.Z20-QCL.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.Z20-QCL.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCL.Z20-QCL.M21
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.Z20-QCL.M21
Based on our trend formula, QCL.Z20-QCL.M21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3.04||52wk High Date||2020-01-07|
|52wk Low||-3.49||52wk Low Date||2020-03-18|