Future Trend Analysis Report
Prepared for you on Monday, August 3, 2020.
CRUDE OIL Apr 2021 (NYMEX:CL.J21)
Weak Uptrend (+65) - CL.J21 is showing signs of weakening momentum to the upside. Monitor CL.J21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CL.J21?
MarketClub looks at technical strength and momentum to determine if the timing is right for CL.J21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CL.J21
The long-term trend has been UP since Jul 6th, 2020 at 41.66
The intermediate-term trend has been UP since May 17th, 2020 at 33.76
The short-term trend has been DOWN since Jul 30th, 2020 at 42.36
Smart Scan Analysis for CL.J21
Based on our trend formula, CL.J21 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).