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Future Trend Analysis Report

Prepared for you on Wednesday, January 19, 2022.

CRUDE OIL Jan 2023 (NYMEX:CL.F23)

Strong Uptrend (+100) - CL.F23 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CL.F23 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid CL.F23?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.F23.

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

NYMEX_CL.F23
Open High Low CL.F23 Price Change
77.02 77.29 76.49 77.05 +0.18
Entry Signal

MarketClub’s Trade Triangles for CL.F23

long term up The long-term trend has been UP since Jan 11th, 2022 at 72.99

intermediate term up The intermediate-term trend has been UP since Dec 27th, 2021 at 68.64

short term up The short-term trend has been UP since Jan 4th, 2022 at 70.54

Smart Scan Analysis for CL.F23

Based on our trend formula, CL.F23 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for CL.F23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
77.02 77.29 76.49 77.05 +0.18
Prev. Close Volume Bid Ask Time
76.87 1572 2022-01-19 12:12:04
Expiration2022-12-20Open Time18:00
Close Time17:00
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