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Future Trend Analysis Report

Prepared for you on Thursday, February 20, 2020.

CRUDE OIL Dec 2020 (NYMEX:CL.Z20)

Crossroads (+60) - CL.Z20 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.Z20?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.Z20.

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

NYMEX_CL.Z20
Open High Low CL.Z20 Price Change
53.51 53.68 53.23 53.37 -0.09
Entry Signal

MarketClub’s Trade Triangles for CL.Z20

long term down The long-term trend has been DOWN since Feb 2nd, 2020 at 50.15

intermediate term up The intermediate-term trend has been UP since Feb 18th, 2020 at 52.64

short term up The short-term trend has been UP since Feb 5th, 2020 at 50.96

Smart Scan Analysis for CL.Z20

Based on our trend formula, CL.Z20 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for CL.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
53.51 53.68 53.23 53.37 -0.09
Prev. Close Volume Bid Ask Time
55.22 3066 2020-02-20 04:15:10
First Delivery2020-12-31Expiration2020-11-20
Open Time18:00Close Time17:00
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