Future Trend Analysis Report
Prepared for you on Sunday, January 19, 2020.
CRUDE OIL Feb 2020 (NYMEX:CL.G20)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 CL.G20
The long term trend has been UP since Dec 13th, 2019 at 60.00
The intermediate term trend has been DOWN since Jan 9th, 2020 at 59.62
The short term trend has been UP since Jan 16th, 2020 at 58.32
Smart Scan Analysis for CL.G20
Based on a pre-defined weighted trend formula for chart analysis, CL.G20 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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