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Future Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

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

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
53.55 53.55 51.78 51.78 -1.68
Entry Signal

MarketClub’s Trade Triangles for CL.Z20.E

long term down The long term trend has been DOWN since Nov 13th, 2018 at 58.17

intermediate term down The intermediate term trend has been DOWN since Oct 23rd, 2018 at 63.92

short term down The short term trend has been DOWN since Nov 30th, 2018 at 52.12

Smart Scan Analysis for CL.Z20.E

Based on a pre-defined weighted trend formula for chart analysis, CL.Z20.E scored -100 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
53.55 53.55 51.78 51.78 -1.68
Prev. Close Volume Bid Ask Time
53.33 14507 2018-11-30 16:42:51
Contract High93.67Contract High Date2012-01-13
Contract Low44.05Contract Low Date2016-01-20
Estimated Volume13772First 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.