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Spread Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

CRUDE OIL Dec 2021/BZ Spread (NYMEX:CL.Z21_BZ.Z21)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYMEX_CL.Z21_BZ.Z21
Open High Low CL.Z21_BZ.Z21 Price Change
-4.47 -4.41 -4.52 -4.42 +0.04
Entry Signal

MarketClub’s Trade Triangles for CL.Z21_BZ.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.Z21_BZ.Z21

Based on a pre-defined weighted trend formula for chart analysis, CL.Z21_BZ.Z21 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for CL.Z21_BZ.Z21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-4.47 -4.41 -4.52 -4.42 +0.04
Prev. Close Volume Bid Ask Time
-4.86 33 2020-02-16 23:48:11
Open Time18:00Close Time17:00
Get a free daily report for CRUDE OIL Dec 2021/BZ Spread (CL.Z21_BZ.Z21) - Free Trend Analysis Report.