Free Daily Analysis
Future Trend Analysis Report
Prepared for you on Saturday, April 1, 2023.
CRUDE OIL Jul 2023 (NYMEX:CL.N23)
Sidelines Mode (-55) - CL.N23 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CL.N23?
MarketClub looks at technical strength and momentum to determine if the timing is right for CL.N23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CL.N23
The long-term trend has been DOWN since Jul 5th, 2022 at 82.58
The intermediate-term trend has been DOWN since Mar 14th, 2023 at 74.16
The short-term trend has been UP since Mar 27th, 2023 at 70.50
Smart Scan Analysis for CL.N23
Based on our trend formula, CL.N23 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 74.38 | 75.75 | 73.80 | 75.73 | +1.38 |
| Prev. Close | Volume | Bid | Ask | Time |
| 75.73 | 74086 | 2023-03-31 16:58:53 |
| Expiration | 2023-06-20 | Open Time | 18:00 |
| Close Time | 17:00 |