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Future Trend Analysis Report

Prepared for you on Saturday, November 16, 2019.

CRUDE OIL Mar 2020 (NYMEX:CL.H20)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.H20
Open High Low CL.H20 Price Change
56.60 57.63 56.13 57.49 +0.91
Entry Signal

MarketClub’s Trade Triangles for CL.H20

long term down The long term trend has been DOWN since Oct 9th, 2019 at 51.28

intermediate term up The intermediate term trend has been UP since Oct 23rd, 2019 at 54.92

short term down The short term trend has been DOWN since Nov 15th, 2019 at 56.35

Smart Scan Analysis for CL.H20

Based on a pre-defined weighted trend formula for chart analysis, CL.H20 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for CL.H20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
56.60 57.63 56.13 57.49 +0.91
Prev. Close Volume Bid Ask Time
53.25 39101 2019-11-15 16:21:28
First Delivery2020-03-31Expiration2020-02-20
Open Time18:00Close Time17:00
Want to analyze CRUDE OIL Mar 2020 CL.H20 or another symbol? Try our Free Future Trend Analysis Report.