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Future Trend Analysis Report

Prepared for you on Saturday, January 19, 2019.

CRUDE OIL Feb 2020 (NYMEX:CL.G20)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

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_CL.G20
Open High Low CL.G20 Price Change
55.51 55.51 55.13 55.33 +0.91
Entry Signal

MarketClub’s Trade Triangles for CL.G20

long term down The long term trend has been DOWN since Nov 13th, 2018 at 60.63

intermediate term up The intermediate term trend has been UP since Jan 7th, 2019 at 51.83

short term up The short term trend has been UP since Jan 4th, 2019 at 50.85

Smart Scan Analysis for CL.G20

Based on a pre-defined weighted trend formula for chart analysis, CL.G20 scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for CL.G20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
55.51 55.51 55.13 55.33 +0.91
Prev. Close Volume Bid Ask Time
51.67 718 2019-01-18 14:31:32
First Delivery2020-02-29Expiration2020-01-21
Open Time09:00Close Time14:30
Want to analyze CRUDE OIL Feb 2020 CL.G20 or another symbol? Try our Free Future Trend Analysis Report.