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Spread Trend Analysis Report
Prepared for you on Thursday, August 11, 2022.
CRUDE OIL Jan 2024/Feb 2024 Spread (NYMEX:CL.F24_G24)
Strong Downtrend (-100) - CL.F24_G24 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CL.F24_G24 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CL.F24_G24?
MarketClub looks at technical strength and momentum to determine if the timing is right for CL.F24_G24.
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.F24_G24
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for CL.F24_G24
Based on our trend formula, CL.F24_G24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.43 | 0.43 | 0.43 | 0.49 | -0.06 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.43 | 12 | 2022-08-10 17:28:50 |
| Open Time | 09:00 | Close Time | 14:30 |