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Future Trend Analysis Report

Prepared for you on Friday, July 19, 2019.

CRUDE OIL Mar 2020 (NYMEX:CL.H20)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
55.41 55.77 55.03 55.14 +0.34
Entry Signal

MarketClub’s Trade Triangles for CL.H20

long term down The long term trend has been DOWN since May 31st, 2019 at 54.36

intermediate term down The intermediate term trend has been DOWN since Jul 19th, 2019 at 55.21

short term down The short term trend has been DOWN since Jul 14th, 2019 at 58.89

Smart Scan Analysis for CL.H20

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

-100
Smart Scan Analysis for CL.H20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
55.41 55.77 55.03 55.14 +0.34
Prev. Close Volume Bid Ask Time
58.30 2205 2019-07-19 10:35:32
First Delivery2020-03-31Expiration2020-02-20
Open Time09:00Close Time14:30
Want to analyze CRUDE OIL Mar 2020 CL.H20 or another symbol? Try our Free Future Trend Analysis Report.