Future Trend Analysis Report
Prepared for you on Saturday, May 25, 2019.
CRUDE OIL JANUARY 2020 (NYMEX:QCL.F20)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for QCL.F20
The long term trend has been UP since Mar 1st, 2019 at 59.41
The intermediate term trend has been DOWN since May 10th, 2019 at 61.48
The short term trend has been DOWN since May 22nd, 2019 at 61.99
Smart Scan Analysis for QCL.F20
Based on a pre-defined weighted trend formula for chart analysis, QCL.F20 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk Low||46.07|
|52wk Low Date||2018-12-26||Volatility||20.12|