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Future Trend Analysis Report

Prepared for you on Monday, March 8, 2021.

CRUDE OIL Mar 2021 (NYMEX:CL.H21)

Strong Uptrend (+100) - CL.H21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CL.H21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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.

NYMEX_CL.H21
Open High Low CL.H21 Price Change
58.88 61.84 58.82 61.49 +2.45
Entry Signal

MarketClub’s Trade Triangles for CL.H21

long term up The long-term trend has been UP since Nov 24th, 2020 at 44.86

intermediate term up The intermediate-term trend has been UP since Nov 10th, 2020 at 42.31

short term up The short-term trend has been UP since Feb 22nd, 2021 at 60.29

Smart Scan Analysis for CL.H21

Based on our trend formula, CL.H21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for CL.H21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
58.88 61.84 58.82 61.49 +2.45
Prev. Close Volume Bid Ask Time
61.69 37043 2021-02-22 14:29:37
First Delivery2021-03-31Expiration2021-02-22
Open Time18:00Close Time17:00
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