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Spread Trend Analysis Report

Prepared for you on Wednesday, February 26, 2020.

CRUDE OIL Mar 2020/Jan 2021 Spread (NYMEX:CL.H20_F21)

Weak Downtrend (-65) - CL.H20_F21 is showing signs of a strengthening downtrend. Monitor CL.H20_F21 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid CL.H20_F21?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.H20_F21.

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

NYMEX_CL.H20_F21
Open High Low CL.H20_F21 Price Change
-0.31 0.15 -0.31 0.15 +0.54
Entry Signal

MarketClub’s Trade Triangles for CL.H20_F21

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for CL.H20_F21

Based on our trend formula, CL.H20_F21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CL.H20_F21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.31 0.15 -0.31 0.15 +0.54
Prev. Close Volume Bid Ask Time
3.43 18 2020-02-19 14:32:24
Open Time09:00Close Time14:30
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