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Future Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

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

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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.

Open High Low CL.Z20.E Price Change
58.93 59.50 58.82 59.15 +0.12
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 Aug 13th, 2018 at 58.81

short term down The short term trend has been DOWN since Aug 15th, 2018 at 58.51

Smart Scan Analysis for CL.Z20.E

Based on a pre-defined weighted trend formula for chart analysis, CL.Z20.E scored -60 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
58.93 59.50 58.82 59.15 +0.12
Prev. Close Volume Bid Ask Time
59.01 1858 2018-08-17 14:36:01
Contract High93.67Contract High Date2012-01-13
Contract Low44.05Contract Low Date2016-01-20
Estimated Volume1858First Delivery2020-12-31
Expiration2020-11-20Open Time09:00
Close Time14:30
Want to analyze CRUDE OIL Dec 2020 (E) CL.Z20.E or another symbol? Try our Free Future Trend Analysis Report.