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Spread Trend Analysis Report

Prepared for you on Thursday, January 27, 2022.

CRUDE OIL Mar 2022/Mar 2023 Spread (NYMEX:CL.H22_H23)

Strong Downtrend (-100) - CL.H22_H23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CL.H22_H23 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid CL.H22_H23?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.H22_H23.

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

NYMEX_CL.H22_H23
Open High Low CL.H22_H23 Price Change
11.33 11.33 10.88 10.88 -0.18
Entry Signal

MarketClub’s Trade Triangles for CL.H22_H23

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.H22_H23

Based on our trend formula, CL.H22_H23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for CL.H22_H23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.33 11.33 10.88 10.88 -0.18
Prev. Close Volume Bid Ask Time
11.06 6 2022-01-27 10:51:09
Open Time09:00Close Time14:30
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