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Future Trend Analysis Report

Prepared for you on Friday, April 16, 2021.

CRUDE OIL Feb 2022 (NYMEX:CL.G22)

Long-Term Uptrend (+90) - CL.G22 is in a strong uptrend that is likely to continue. While CL.G22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid CL.G22?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.G22.

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

NYMEX_CL.G22
Open High Low CL.G22 Price Change
60.10 60.53 59.84 59.90 -0.18
Entry Signal

MarketClub’s Trade Triangles for CL.G22

long term up The long-term trend has been UP since Aug 4th, 2020 at 42.23

intermediate term up The intermediate-term trend has been UP since Nov 25th, 2020 at 43.17

short term up The short-term trend has been UP since Apr 12th, 2021 at 57.14

Smart Scan Analysis for CL.G22

Based on our trend formula, CL.G22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CL.G22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
60.10 60.53 59.84 59.90 -0.18
Prev. Close Volume Bid Ask Time
59.90 4425 2021-04-16 16:03:05
Expiration2022-01-20Open Time18:00
Close Time17:00
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