Future Trend Analysis Report
Prepared for you on Friday, August 14, 2020.
CRUDE OIL Mar 2021 (NYMEX:CL.H21)
Strong Uptrend (+100) - CL.H21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CL.H21 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.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for CL.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CL.H21
The long-term trend has been UP since Jul 8th, 2020 at 41.61
The intermediate-term trend has been UP since May 17th, 2020 at 33.99
The short-term trend has been UP since Aug 3rd, 2020 at 42.12
Smart Scan Analysis for CL.H21
Based on our trend formula, CL.H21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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