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Future Trend Analysis Report

Prepared for you on Tuesday, April 13, 2021.

CRUDE OIL Jan 2023 (NYMEX:CL.F23)

Weak Uptrend (+65) - CL.F23 is showing signs of weakening momentum to the upside. Monitor CL.F23 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid CL.F23?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.F23.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_CL.F23
Open High Low CL.F23 Price Change
55.19 55.19 55.19 55.42 +0.78
Entry Signal

MarketClub’s Trade Triangles for CL.F23

long term up The long-term trend has been UP since Dec 2nd, 2020 at 41.00

intermediate term up The intermediate-term trend has been UP since Dec 8th, 2020 at 44.50

short term down The short-term trend has been DOWN since Mar 24th, 2021 at 55.03

Smart Scan Analysis for CL.F23

Based on our trend formula, CL.F23 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for CL.F23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
55.19 55.19 55.19 55.42 +0.78
Prev. Close Volume Bid Ask Time
55.19 296 2021-04-12 10:23:06
Expiration2022-12-20Open Time18:00
Close Time17:00
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