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Future Trend Analysis Report

Prepared for you on Saturday, October 20, 2018.

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

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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
63.96 65.18 63.96 64.70 +0.79
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 up The intermediate term trend has been UP since Aug 24th, 2018 at 61.19

short term down The short term trend has been DOWN since Oct 10th, 2018 at 67.14

Smart Scan Analysis for CL.Z20.E

Based on a pre-defined weighted trend formula for chart analysis, CL.Z20.E scored +65 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
63.96 65.18 63.96 64.70 +0.79
Prev. Close Volume Bid Ask Time
64.8 13000 2018-10-19 14:36:45
Contract High93.67Contract High Date2012-01-13
Contract Low44.05Contract Low Date2016-01-20
Estimated Volume16254First Delivery2020-12-31
Expiration2020-11-20Open Time18:00
Close Time17:00
Want to analyze CRUDE OIL Dec 2020 (E) CL.Z20.E or another symbol? Try our Free Future Trend Analysis Report.