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Spread Trend Analysis Report

Prepared for you on Sunday, January 16, 2022.

CRUDE OIL Sep 2022/Mar 2023 Spread (NYMEX:CL.U22_H23)

Weak Downtrend (-65) - CL.U22_H23 is showing signs of a strengthening downtrend. Monitor CL.U22_H23 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid CL.U22_H23?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.U22_H23.

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

NYMEX_CL.U22_H23
Open High Low CL.U22_H23 Price Change
4.08 4.35 4.08 4.39 +0.22
Entry Signal

MarketClub’s Trade Triangles for CL.U22_H23

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.U22_H23

Based on our trend formula, CL.U22_H23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CL.U22_H23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.08 4.35 4.08 4.39 +0.22
Prev. Close Volume Bid Ask Time
4.39 403 2022-01-14 13:29:22
Open Time09:00Close Time14:30
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