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Spread Trend Analysis Report

Prepared for you on Friday, January 15, 2021.

CRUDE OIL Mar 2021/BZ Spread (NYMEX:CL.H21_BZ.M21)

Strong Downtrend (-100) - CL.H21_BZ.M21 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid CL.H21_BZ.M21?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.H21_BZ.M21.

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

NYMEX_CL.H21_BZ.M21
Open High Low CL.H21_BZ.M21 Price Change
-2.36 -2.34 -2.51 -2.50 -0.14
Entry Signal

MarketClub’s Trade Triangles for CL.H21_BZ.M21

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.H21_BZ.M21

Based on our trend formula, CL.H21_BZ.M21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for CL.H21_BZ.M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-2.36 -2.34 -2.51 -2.50 -0.14
Prev. Close Volume Bid Ask Time
-2.36 26 2021-01-15 11:35:00
Open Time09:00Close Time14:30
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