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Future Trend Analysis Report

Prepared for you on Wednesday, April 1, 2020.

CRUDE OIL Jun 2020 (NYMEX:CL.M20)

Strong Downtrend (-100) - CL.M20 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid CL.M20?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.M20.

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

NYMEX_CL.M20
Open High Low CL.M20 Price Change
24.18 24.72 23.63 23.71 -0.47
Entry Signal

MarketClub’s Trade Triangles for CL.M20

long term down The long-term trend has been DOWN since Feb 2nd, 2020 at 51.22

intermediate term down The intermediate-term trend has been DOWN since Feb 26th, 2020 at 50.04

short term down The short-term trend has been DOWN since Mar 27th, 2020 at 25.92

Smart Scan Analysis for CL.M20

Based on our trend formula, CL.M20 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for CL.M20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.18 24.72 23.63 23.71 -0.47
Prev. Close Volume Bid Ask Time
24.18 234668 2020-04-01 14:29:27
First Delivery2020-06-30Expiration2020-05-19
Open Time18:00Close Time17:00
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