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Future Trend Analysis Report

Prepared for you on Tuesday, August 3, 2021.

CRUDE OIL Dec 2022 (NYMEX:CL.Z22)

Weak Downtrend (-65) - CL.Z22 is showing signs of a strengthening downtrend. Monitor CL.Z22 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid CL.Z22?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.Z22.

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

NYMEX_CL.Z22
Open High Low CL.Z22 Price Change
63.09 63.27 62.70 62.70 -0.35
Entry Signal

MarketClub’s Trade Triangles for CL.Z22

long term up The long-term trend has been UP since Dec 18th, 2020 at 46.66

intermediate term down The intermediate-term trend has been DOWN since Jul 19th, 2021 at 61.69

short term down The short-term trend has been DOWN since Aug 2nd, 2021 at 63.88

Smart Scan Analysis for CL.Z22

Based on our trend formula, CL.Z22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CL.Z22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
63.09 63.27 62.70 62.70 -0.35
Prev. Close Volume Bid Ask Time
63.05 921 2021-08-03 02:37:46
First Delivery2022-12-31Expiration2022-11-21
Open Time09:00Close Time14:30
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