Free Daily Analysis

Spread Trend Analysis Report

Prepared for you on Friday, January 28, 2022.

CRUDE OIL Mar 2022/Dec 2024 Spread (NYMEX:CL.H22_Z24)

Long-Term Downtrend (-90) - CL.H22_Z24 is in a strong downtrend that is likely to continue. While CL.H22_Z24 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid CL.H22_Z24?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.H22_Z24.

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

NYMEX_CL.H22_Z24
Open High Low CL.H22_Z24 Price Change
19.72 19.72 19.67 19.67 +0.72
Entry Signal

MarketClub’s Trade Triangles for CL.H22_Z24

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_Z24

Based on our trend formula, CL.H22_Z24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for CL.H22_Z24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.72 19.72 19.67 19.67 +0.72
Prev. Close Volume Bid Ask Time
18.95 29 2022-01-28 12:20:14
Open Time09:00Close Time14:30
Get a free daily analysis and signals for CRUDE OIL Mar 2022/Dec 2024 Spread (CL.H22_Z24) - Request Your Free Report.