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Future Trend Analysis Report

Prepared for you on Wednesday, June 3, 2020.

CRUDE OIL Mar 2022 (NYMEX:CL.H22)

Crossroads (-60) - CL.H22 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid CL.H22?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.H22.

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

NYMEX_CL.H22
Open High Low CL.H22 Price Change
39.28 39.28 39.28 39.28 -0.02
Entry Signal

MarketClub’s Trade Triangles for CL.H22

long term down The long-term trend has been DOWN since Nov 20th, 2018 at 56.20

intermediate term up The intermediate-term trend has been UP since May 22nd, 2020 at 36.10

short term up The short-term trend has been UP since May 14th, 2020 at 36.02

Smart Scan Analysis for CL.H22

Based on our trend formula, CL.H22 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for CL.H22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
39.28 39.28 39.28 39.28 -0.02
Prev. Close Volume Bid Ask Time
51.89 1 2020-05-29 14:08:49
Expiration2022-02-22Open Time09:00
Close Time14:30
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