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Future Trend Analysis Report

Prepared for you on Wednesday, August 21, 2019.

CRUDE OIL Jan 2020 (NYMEX:CL.F20)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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.F20
Open High Low CL.F20 Price Change
54.81 55.19 54.81 55.09 +0.21
Entry Signal

MarketClub’s Trade Triangles for CL.F20

long term down The long term trend has been DOWN since May 31st, 2019 at 54.82

intermediate term down The intermediate term trend has been DOWN since Jul 18th, 2019 at 56.05

short term up The short term trend has been UP since Aug 19th, 2019 at 54.34

Smart Scan Analysis for CL.F20

Based on a pre-defined weighted trend formula for chart analysis, CL.F20 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for CL.F20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
54.81 55.19 54.81 55.09 +0.21
Prev. Close Volume Bid Ask Time
58.72 7898 2019-08-21 05:09:08
First Delivery2020-01-31Expiration2019-12-19
Open Time09:00Close Time14:30
Want to analyze CRUDE OIL Jan 2020 CL.F20 or another symbol? Try our Free Future Trend Analysis Report.