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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.

NYMEX_QCL.Z20
Open High Low QCL.Z20 Price Change
41.70 42.32 41.51 42.17 +0.43
Entry Signal

MarketClub’s Trade Triangles for QCL.Z20

long term down The long-term trend has been DOWN since Oct 2nd, 2020 at 37.11

intermediate term up The intermediate-term trend has been UP since Nov 11th, 2020 at 41.90

short term up 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).

+70
Smart Scan Analysis for QCL.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
41.70 42.32 41.51 42.17 +0.43
Prev. Close Volume Bid Ask Time
41.74 0 2020-11-20 14:29:49
52wk High93.6752wk High Date2012-01-13
52wk Low25.3152wk Low Date2020-04-22
Volatility38.91Expiration2020-11-20
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