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Spread Trend Analysis Report

Prepared for you on Thursday, March 4, 2021.

CRUDE OIL Mar 2021/Dec 2023 Spread (NYMEX:CL.H21_Z23)

Bear Market Rally (-75) - CL.H21_Z23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CL.H21_Z23 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid CL.H21_Z23?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.H21_Z23.

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

NYMEX_CL.H21_Z23
Open High Low CL.H21_Z23 Price Change
11.25 11.25 10.25 8.99 -0.56
Entry Signal

MarketClub’s Trade Triangles for CL.H21_Z23

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_Z23

Based on our trend formula, CL.H21_Z23 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for CL.H21_Z23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.25 11.25 10.25 8.99 -0.56
Prev. Close Volume Bid Ask Time
8.99 9 2021-02-18 17:28:44
Open Time09:00Close Time14:30
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