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Spread Trend Analysis Report

Prepared for you on Tuesday, May 18, 2021.

CRUDE OIL Jul 2021/Mar 2022 Spread (NYMEX:CL.N21_H22)

Weak Downtrend (-65) - CL.N21_H22 is showing signs of a strengthening downtrend. Monitor CL.N21_H22 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid CL.N21_H22?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.N21_H22.

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

NYMEX_CL.N21_H22
Open High Low CL.N21_H22 Price Change
3.57 3.60 3.56 3.59 -0.02
Entry Signal

MarketClub’s Trade Triangles for CL.N21_H22

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.N21_H22

Based on our trend formula, CL.N21_H22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CL.N21_H22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.57 3.60 3.56 3.59 -0.02
Prev. Close Volume Bid Ask Time
3.62 5 2021-05-17 23:29:30
Open Time18:00Close Time17:00
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