Free Daily Analysis

Spread Trend Analysis Report

Prepared for you on Monday, September 21, 2020.

CRUDE OIL Nov 2021/Dec 2021 Spread (NYMEX:CL.X21_Z21)

Weak Downtrend (-65) - CL.X21_Z21 is showing signs of a strengthening downtrend. Monitor CL.X21_Z21 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid CL.X21_Z21?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.X21_Z21.

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

NYMEX_CL.X21_Z21
Open High Low CL.X21_Z21 Price Change
-0.11 -0.10 -0.11 -0.11 +0.02
Entry Signal

MarketClub’s Trade Triangles for CL.X21_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.X21_Z21

Based on our trend formula, CL.X21_Z21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CL.X21_Z21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.11 -0.10 -0.11 -0.11 +0.02
Prev. Close Volume Bid Ask Time
-0.13 347 2020-09-18 16:58:53
Open Time09:00Close Time14:30
Get a free daily analysis and signals for CRUDE OIL Nov 2021/Dec 2021 Spread (CL.X21_Z21) - Request Your Free Report.