Future Trend Analysis Report
Prepared for you on Friday, December 4, 2020.
CRUDE OIL DECEMBER 2020 (NYMEX:QCL.Z20)
Bull Market Weakness (+75) - QCL.Z20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QCL.Z20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QCL.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCL.Z20
The long-term trend has been DOWN since Oct 2nd, 2020 at 37.11
The intermediate-term trend has been UP since Nov 11th, 2020 at 41.90
The short-term trend has been UP since Nov 3rd, 2020 at 37.15
Smart Scan Analysis for QCL.Z20
Based on our trend formula, QCL.Z20 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||93.67||52wk High Date||2012-01-13|
|52wk Low||25.31||52wk Low Date||2020-04-22|