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Spread Trend Analysis Report

Prepared for you on Wednesday, April 21, 2021.

CRUDE OIL Sep 2021/Dec 2021 Spread (NYMEX:CL.U21_Z21)

Weak Downtrend (-65) - CL.U21_Z21 is showing signs of a strengthening downtrend. Monitor CL.U21_Z21 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid CL.U21_Z21?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.U21_Z21.

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

NYMEX_CL.U21_Z21
Open High Low CL.U21_Z21 Price Change
1.60 1.62 1.56 1.60 0.00
Entry Signal

MarketClub’s Trade Triangles for CL.U21_Z21

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.U21_Z21

Based on our trend formula, CL.U21_Z21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CL.U21_Z21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.60 1.62 1.56 1.60 0.00
Prev. Close Volume Bid Ask Time
1.60 990 2021-04-21 03:25:52
Open Time09:00Close Time14:30
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