Spread Trend Analysis Report
Prepared for you on Thursday, January 27, 2022.
CRUDE OIL Nov 2022/Feb 2023 Spread (NYMEX:CL.X22_G23)
Weak Downtrend (-65) - CL.X22_G23 is showing signs of a strengthening downtrend. Monitor CL.X22_G23 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CL.X22_G23?
MarketClub looks at technical strength and momentum to determine if the timing is right for CL.X22_G23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CL.X22_G23
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for CL.X22_G23
Based on our trend formula, CL.X22_G23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Open Time||18:00||Close Time||17:00|