Future Trend Analysis Report
Prepared for you on Wednesday, July 17, 2019.
CRUDE OIL Oct 2019 (NYMEX:QCL.V19)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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.V19
The long term trend has been DOWN since May 31st, 2019 at 54.26
The intermediate term trend has been UP since Jun 24th, 2019 at 57.96
The short term trend has been UP since Jul 10th, 2019 at 59.69
Smart Scan Analysis for QCL.V19
Based on a pre-defined weighted trend formula for chart analysis, QCL.V19 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk Low||44.84|
|52wk Low Date||2018-12-25||Volatility||47.94|