Future Trend Analysis Report
Prepared for you on Tuesday, January 22, 2019.
CRUDE OIL (TAS) Mar 2019 (NYMEX:CLT.H19)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines 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.
MarketClub’s Trade Triangles for CLT.H19
The long term trend has been DOWN since Dec 24th, 2018 at -8
The intermediate term trend has been DOWN since Dec 24th, 2018 at -8
The short term trend has been UP since Jan 18th, 2019 at 1
Smart Scan Analysis for CLT.H19
Based on a pre-defined weighted trend formula for chart analysis, CLT.H19 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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