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Future Trend Analysis Report

Prepared for you on Wednesday, May 25, 2022.

CRUDE OIL Jul 2022 (NYMEX:CL.N22)

Strong Uptrend (+100) - CL.N22 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CL.N22 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.N22?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.N22.

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

NYMEX_CL.N22
Open High Low CL.N22 Price Change
110.39 111.68 109.23 110.75 +0.49
Entry Signal

MarketClub’s Trade Triangles for CL.N22

long term up The long-term trend has been UP since Jan 11th, 2022 at 77.11

intermediate term up The intermediate-term trend has been UP since May 15th, 2022 at 109.53

short term up The short-term trend has been UP since May 12th, 2022 at 104.55

Smart Scan Analysis for CL.N22

Based on our trend formula, CL.N22 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for CL.N22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
110.39 111.68 109.23 110.75 +0.49
Prev. Close Volume Bid Ask Time
110.26 175602 2022-05-25 15:34:17
Expiration2022-06-21Open Time18:00
Close Time17:00
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