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Spread Trend Analysis Report

Prepared for you on Thursday, January 20, 2022.

CRUDE OIL Apr 2022/Dec 2023 Spread (NYMEX:CL.J22_Z23)

Weak Downtrend (-65) - CL.J22_Z23 is showing signs of a strengthening downtrend. Monitor CL.J22_Z23 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid CL.J22_Z23?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.J22_Z23.

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

NYMEX_CL.J22_Z23
Open High Low CL.J22_Z23 Price Change
13.92 14.19 13.92 14.31 +0.20
Entry Signal

MarketClub’s Trade Triangles for CL.J22_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.J22_Z23

Based on our trend formula, CL.J22_Z23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CL.J22_Z23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.92 14.19 13.92 14.31 +0.20
Prev. Close Volume Bid Ask Time
13.99 7 2022-01-19 21:45:33
Open Time18:00Close Time17:00
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