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Spread Trend Analysis Report

Prepared for you on Sunday, July 5, 2020.

CRUDE OIL Nov 2020/Dec 2022 Spread (NYMEX:CL.X20_Z22)

Strong Downtrend (-100) - CL.X20_Z22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid CL.X20_Z22?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.X20_Z22.

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

NYMEX_CL.X20_Z22
Open High Low CL.X20_Z22 Price Change
-2.37 -2.37 -2.37 -2.37 -0.30
Entry Signal

MarketClub’s Trade Triangles for CL.X20_Z22

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.X20_Z22

Based on our trend formula, CL.X20_Z22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for CL.X20_Z22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-2.37 -2.37 -2.37 -2.37 -0.30
Prev. Close Volume Bid Ask Time
-4.35 1 2020-07-02 11:03:10
Open Time09:00Close Time14:30
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