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Future Trend Analysis Report

Prepared for you on Friday, October 18, 2019.

CRUDE OIL Jul 2020 (NYMEX:QCL.N20)

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.

NYMEX_QCL.N20
Open High Low QCL.N20 Price Change
52.50 52.50 52.50 52.60 +0.10
Entry Signal

MarketClub’s Trade Triangles for QCL.N20

long term down The long term trend has been DOWN since May 31st, 2019 at 54.44

intermediate term down The intermediate term trend has been DOWN since Sep 30th, 2019 at 52.10

short term down The short term trend has been DOWN since Sep 23rd, 2019 at 54.07

Smart Scan Analysis for QCL.N20

Based on a pre-defined weighted trend formula for chart analysis, QCL.N20 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for QCL.N20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
52.50 52.50 52.50 52.60 +0.10
Prev. Close Volume Bid Ask Time
52.50 0 52.41 52.52 2019-10-17 16:30:01
52wk High61.7900000052wk High Date2018-11-06
52wk Low49.3100000052wk Low Date2019-10-03
Volatility32.58000000Expiration2020-06-22
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