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Spread Trend Analysis Report

Prepared for you on Wednesday, January 19, 2022.

CRUDE OIL Mar 2022/Nov 2022 Spread (NYMEX:CL.H22_X22)

Weak Downtrend (-65) - CL.H22_X22 is showing signs of a strengthening downtrend. Monitor CL.H22_X22 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid CL.H22_X22?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.H22_X22.

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

NYMEX_CL.H22_X22
Open High Low CL.H22_X22 Price Change
7.55 7.83 7.03 7.44 -0.04
Entry Signal

MarketClub’s Trade Triangles for CL.H22_X22

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_X22

Based on our trend formula, CL.H22_X22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CL.H22_X22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.55 7.83 7.03 7.44 -0.04
Prev. Close Volume Bid Ask Time
7.35 108 2022-01-19 14:46:43
Open Time18:00Close Time17:00
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