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Prepared for you on Friday, February 28, 2020.

CRUDE OIL DEC 22/DEC 30 (NYMEX:QCL.Z22-QCL.Z30)

Long-Term Downtrend (-90) - QCL.Z22-QCL.Z30 is in a strong downtrend that is likely to continue. While QCL.Z22-QCL.Z30 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.Z22-QCL.Z30?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.Z22-QCL.Z30.

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

NYMEX_QCL.Z22-QCL.Z30
Open High Low QCL.Z22-QCL.Z30 Price Change
-1.33 -1.33 -1.33 -1.33 0.00
Entry Signal

MarketClub’s Trade Triangles for QCL.Z22-QCL.Z30

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.Z22-QCL.Z30

Based on our trend formula, QCL.Z22-QCL.Z30 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QCL.Z22-QCL.Z30
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-1.33 -1.33 -1.33 -1.33 0.00
Prev. Close Volume Bid Ask Time
-1.33 0 2020-02-27 00:00:00
Expiration2022-11-21
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