Future Trend Analysis Report
Prepared for you on Sunday, April 21, 2019.
CRUDE OIL JUNE 2020 (NYMEX:QCL.M20)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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.M20
The long term trend has been UP since Mar 14th, 2019 at 58.85
The intermediate term trend has been UP since Apr 4th, 2019 at 59.60
The short term trend has been DOWN since Apr 18th, 2019 at 60.82
Smart Scan Analysis for QCL.M20
Based on a pre-defined weighted trend formula for chart analysis, QCL.M20 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk Low||46.12|
|52wk Low Date||2018-12-24||Volatility||27.27|