Future Trend Analysis Report
Prepared for you on Monday, June 24, 2019.
CRUDE OIL Jul 2019 (NYMEX:QCL.N19)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.N19
The long term trend has been DOWN since May 31st, 2019 at 53.82
The intermediate term trend has been DOWN since May 2nd, 2019 at 62.36
The short term trend has been DOWN since Jun 18th, 2019 at 51.70
Smart Scan Analysis for QCL.N19
Based on a pre-defined weighted trend formula for chart analysis, QCL.N19 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2014||52wk Low||44.2|
|52wk Low Date||2018-12-24||Volatility||28.27|