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Spread Trend Analysis Report

Prepared for you on Friday, February 21, 2020.

CRUDE OIL Sep 2020/Feb 2021 Spread (NYMEX:CL.U20_G21)

Bear Market Rally (-75) - CL.U20_G21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CL.U20_G21 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid CL.U20_G21?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.U20_G21.

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

NYMEX_CL.U20_G21
Open High Low CL.U20_G21 Price Change
0.73 0.73 0.69 0.69 -0.19
Entry Signal

MarketClub’s Trade Triangles for CL.U20_G21

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.U20_G21

Based on our trend formula, CL.U20_G21 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for CL.U20_G21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.73 0.73 0.69 0.69 -0.19
Prev. Close Volume Bid Ask Time
1.85 11 2020-02-21 08:17:09
Open Time09:00Close Time14:30
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