Future Trend Analysis Report
Prepared for you on Monday, March 30, 2020.
CRUDE OIL Jun 2021 (NYMEX:CL.M21)
Countertrend Down (-85) - CL.M21 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid CL.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for CL.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CL.M21
The long-term trend has been DOWN since Feb 26th, 2020 at 49.42
The intermediate-term trend has been DOWN since Feb 26th, 2020 at 49.53
The short-term trend has been UP since Mar 25th, 2020 at 35.75
Smart Scan Analysis for CL.M21
Based on our trend formula, CL.M21 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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