Free Daily Analysis

Spread Trend Analysis Report

Prepared for you on Friday, February 28, 2020.

CRUDE OIL Dec 2020/Jan 2021 Spread (NYMEX:CL.Z20_F21)

Strong Downtrend (-100) - CL.Z20_F21 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.Z20_F21?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.Z20_F21.

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

NYMEX_CL.Z20_F21
Open High Low CL.Z20_F21 Price Change
-0.07 -0.06 -0.12 -0.11 -0.05
Entry Signal

MarketClub’s Trade Triangles for CL.Z20_F21

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.Z20_F21

Based on our trend formula, CL.Z20_F21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for CL.Z20_F21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.07 -0.06 -0.12 -0.11 -0.05
Prev. Close Volume Bid Ask Time
0.35 1187 2020-02-28 12:16:17
Open Time18:00Close Time17:00
Get a free daily analysis and signals for CRUDE OIL Dec 2020/Jan 2021 Spread (CL.Z20_F21) - Request Your Free Report.