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Future Trend Analysis Report

Prepared for you on Monday, April 12, 2021.

CRUDE OIL Jul 2021 (NYMEX:CL.N21)

Weak Downtrend (-65) - CL.N21 is showing signs of a strengthening downtrend. Monitor CL.N21 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid CL.N21?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.N21.

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

NYMEX_CL.N21
Open High Low CL.N21 Price Change
59.33 60.68 58.70 59.55 +0.28
Entry Signal

MarketClub’s Trade Triangles for CL.N21

long term up The long-term trend has been UP since Nov 24th, 2020 at 45.67

intermediate term down The intermediate-term trend has been DOWN since Mar 23rd, 2021 at 58.20

short term down The short-term trend has been DOWN since Apr 12th, 2021 at 59.01

Smart Scan Analysis for CL.N21

Based on our trend formula, CL.N21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CL.N21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
59.33 60.68 58.70 59.55 +0.28
Prev. Close Volume Bid Ask Time
59.31 86241 2021-04-12 15:13:41
Expiration2021-06-22Open Time18:00
Close Time17:00
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