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Spread Trend Analysis Report

Prepared for you on Thursday, January 27, 2022.

CRUDE OIL Jul 2022/BZ Spread (NYMEX:CL.N22_BZ.N22)

Strong Downtrend (-100) - CL.N22_BZ.N22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CL.N22_BZ.N22 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid CL.N22_BZ.N22?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.N22_BZ.N22.

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

NYMEX_CL.N22_BZ.N22
Open High Low CL.N22_BZ.N22 Price Change
-3.13 -3.12 -3.13 -3.10 -0.03
Entry Signal

MarketClub’s Trade Triangles for CL.N22_BZ.N22

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.N22_BZ.N22

Based on our trend formula, CL.N22_BZ.N22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for CL.N22_BZ.N22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-3.13 -3.12 -3.13 -3.10 -0.03
Prev. Close Volume Bid Ask Time
-3.07 27 2022-01-12 10:29:08
Open Time09:00Close Time14:30
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