Analyze Symbol

Future Trend Analysis Report

Prepared for you on Thursday, February 22, 2018.

CRUDE OIL Dec 2020 (E) (NYMEX:CL.Z20.E)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.

Open High Low CL.Z20.E Price Change
52.44 53.01 52.26 52.62 -0.04
Entry Signal

MarketClub’s Trade Triangles for CL.Z20.E

long term up The long term trend has been UP since Aug 1st, 2017 at 51.87

intermediate term down The intermediate term trend has been DOWN since Feb 2nd, 2018 at 53.65

short term up The short term trend has been UP since Feb 14th, 2018 at 51.58

Smart Scan Analysis for CL.Z20.E

Based on a pre-defined weighted trend formula for chart analysis, CL.Z20.E scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for CL.Z20.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
52.44 53.01 52.26 52.62 -0.04
Prev. Close Volume Bid Ask Time
52.47 4 2018-02-22 16:26:19
Contract High52.8Contract High Date2018-02-20
Contract Low52.22Contract Low Date2018-02-20
Estimated Volume1895First Delivery2020-12-31
Expiration2020-11-20Open Time18:00
Close Time17:00
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