Future Trend Analysis Report
Prepared for you on Saturday, September 26, 2020.
CRUDE OIL Mar 2021 (NYMEX:CL.H21)
Weak Uptrend (+65) - CL.H21 is showing signs of weakening momentum to the upside. Monitor CL.H21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CL.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for CL.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CL.H21
The long-term trend has been UP since Jul 8th, 2020 at 41.61
The intermediate-term trend has been DOWN since Sep 3rd, 2020 at 42.98
The short-term trend has been UP since Sep 24th, 2020 at 41.22
Smart Scan Analysis for CL.H21
Based on our trend formula, CL.H21 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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